Holding(s) in Company

Blavod Extreme Spirits PLC
20 May 2005


                   BLAVOD EXTREME SPIRITS PLC (the 'Company')

                                HOLDING IN COMPANY

The Company was informed on 19 May 2005 by Artemis Investment Management Limited
that it was interested in 13,217,801 ordinary shares of 1p each in the Company
('Ordinary Shares'), representing 20.20 per cent. of the issued share capital of
the Company. The beneficial owners of the above Ordinary Shares are as follows:

Beneficial Owner                                                     Number of
                                                               Ordinary Shares
                                                                          held

Artemis Special Situations                                           6,508,901
Artemis UK Growth                                                    6,243,456
Institutional UK Growth                                                265,444
Triple Six Fund (Artemis)                                              200,000

20 May 2005




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