Holding(s) in Company

GB Group PLC
7 May 2003



                                   GB Group plc

        Notification of Major interest in the Share Capital of GB Group plc

GB Group plc (the 'Company') received notification yesterday that Reggeborgh
Beheor B.V. now hods 2,975,000 ordinary 2.5p shares, representing 3.74% of the
issued shares capital of the Company.

For Further information please contact:

John Constantin                         01244 657333
Company Secretary



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