Holding(s) in Company

Intec Telecom Systems PLC
01 December 2003




              Intec Telecom Systems PLC - Holding in Company



London, 1 December 2003 - The Board of Intec Telecom Systems PLC ("Intec" or 
"the Company") has been informed by Trematon, a company listed on the
Johannesburg Stock Exchange, that following the conclusion of negotiations
between Mican Ltd. (Intec's largest shareholder with 85,452,524 shares
representing 41.4% of the issued share capital of the Company), the shareholders
of Mican (including Trematon) and Mican's bankers, Trematon expects to have a
direct beneficial holding in 8.6 million ordinary Intec shares representing
4.15% of the issued share capital of the Company.



The Company expects to make further announcements regarding Mican's remaining
shareholding in Intec following the conclusions of negotiations, which Mican has
informed the Company are at an advanced stage.



For further information:


Mike Frayne, Executive Chairman
Intec Telecom Systems PLC
[phone]
[e-mail]


Andrew Rodaway
Intec Telecom Systems PLC
[phone]
[e-mail]


Cubitt Consulting
Fergus Wylie/Sarah Brydon
[phone]
[e-mail]



About Intec Telecom Systems



Intec Telecom Systems is an award-winning worldwide Operations Support Systems
("OSS") vendor for fixed, mobile and next-generation networks (ie. WLAN, 3G and
IP), with more than 550 installations of its products worldwide.  Founded in
1997, Intec was listed on the London Stock Exchange (Code: ITL.L) in June 2000.
Intec is the market leader in intercarrier billing systems and convergent
mediation software, and a recent winner of the 2003 Global Billing Award - Best
Overall Contribution, and Telestrategies '2003 Mediation Excellence Award'.




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