Holding(s) in Company

Futura Medical PLC
20 February 2004


                               Futura Medical plc

                               Holding in Company

In accordance with section 198 of the Companies Act 1985, Futura Medical plc
('Futura' or the 'Company') was notified on 20 February 2004 by Dresdner
Kleinwort Wasserstein Group Limited, an indirect subsidiary of Allianz AG, that
following a purchase by Allianz Cornhill Insurance plc ('Cornhill') of 100,000
shares in Futura on 18 February 2004, Allianz AG and subsidiaries together with
Cornhill hold 1,485,000 shares in the Company. This holding represents 3.21% of
the Company's issued share capital. Cornhill's shares in Futura are registered
in the name of Bank of New York (Nominees) Limited.



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