Holding in Company

Kern River PLC
22 May 2001



Kern River plc




The Company has received notification from Ultrasis plc that it has today sold
its entire holding of 2,272,500 ordinary shares in Kern River plc representing
9.88 per cent. of the shares in issue.


For further information, please contact



21 May 2001


Garry Butterfield, Finance Director          01902 456767