Holding(s) in Company

Judges Capital PLC
24 May 2004
                                                                     24 May 2004



                               Judges Capital PLC

                  Notification of major shareholder's interest

The Company was notified on 21 May 2004 that The Naggar Family Pension Scheme
acquired 25,000 ordinary shares in the Company and its resultant shareholding is
130,263 ordinary shares representing 6.18 per cent of the issued share capital.



The Naggar Family Pension Scheme is a member of a 'concert party' and the
revised shareholdings of the members of the concert party in the Company are as
follows:


                     Member of the concert party                      Number of ordinary shares   Percentage of issued
                                                                                                     share capital
David Cicurel (Investments) Limited                                                      526,316                 24.99%
Dawnay, Day Corporate Finance Limited                                                     63,158                   3.0%
ForwardIssue Limited                                                                     131,579                  6.25%
Totalassist Company Limited                                                              131,579                  6.25%
Guy Naggar                                                                               201,053                  9.54%
The Naggar Family Pension Scheme                                                         130,263                  6.18%
Total                                                                                  1,183,948                 56.21%



Press Enquiries:



David Cicurel, Chief Executive Officer              Tel: [phone]

Judges Capital PLC


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