Holding(s) in Company

e-district.net PLC
20 March 2002


e-district.net plc (the 'Company')

Notification of Major Interests in Shares

The Company was notified today by HSBC Investment Bank plc along with HSBC
Investment Holdings plc and ultimate parent company HSBC Holdings plc, that as
at close of business on 15th March 2002, they no longer have a notifiable
interest in the issued Ordinary Share Capital of the Company.

20 March 2002

WestLB Panmure Limited



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