Holding(s) in Company

CHELVERTON GROWTH TRUST PLC

The Company has been informed that, following a purchase of 100,000 Ordinary 1p
Shares on 7 May 2004, Mr J David Abell and his family now have an interest in
1,200,000 Ordinary 1p Shares (representing 6.61% of the issued class of
capital).

11 May 2004