Holding(s) in Company

Gresham Computing PLC
05 May 2006



For immediate release                                            5 May 2006



                         Major Interests in Shares
                            Gresham Computing plc
                        ('Gresham' or 'the Company')

Major Interests in Shares

The Company was notified on 4 May 2006 that, as a result of a share purchase,
Herald Investment Trust plc had an interest in 2,600,000 ordinary shares of 5
pence each at 3 May 2006, representing 5.17% of the outstanding share capital of
the Company.

                                     -ends-


For further information, please contact:

Gresham Computing plc                        [phone]
Chris Errington, Finance Director

Financial Dynamics                           [phone]
James Melville-Ross
Cass Helstrip




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