Holding(s) in Company

ARC International plc
                  

ARC International PLC ("the Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

Notification under section 198 Companies Act 1985

The Company received a notification from JOHCM Alternative Investments LLP
on behalf of The Trident European Fund who they are Investment Advisor to,
informing it that following a sale of 6,000,000 ordinary shares on 3 December
2003 The Trident European Fund no longer has an interest in the ordinary share
capital of the Company.