Notifiable Interest

Silentpoint PLC
15 August 2002

                                                           For Immediate Release

                                                               15th August, 2002


                SILENTPOINT PLC ('Silentpoint' or 'the Company')

                              Notifiable Interest


Silentpoint has been notified that a consortium headed by Mr Smit Berry
purchased 5,249,999 Ordinary Shares today, representing 29.99 per cent. of the
issued share capital of the Company. The shares were sold by Corvus Capital Inc.
('Corvus') at a price of 7 pence per share. The consortium members comprise Smit
Berry (whose beneficial interest represents 2,099,999 shares equivalent to 11.99
per cent. of the issued share capital of the Company, Eyeconomy Holdings Plc
(1,837,500 shares equivalent to 10.5 per cent.), Mr Paul McGroary (525,000
shares equivalent to 3 per cent.), Mr Richard Welby (525,000 shares equivalent
to 3 per cent) and Mr James Dudgeon (262,500 shares equivalent to 1.5 per cent.,
registered in the name of Gainslaw Developments Limited).


The Company was additionally notified that Corvus has sold its remaining
shareholding of 1,750,001 Ordinary Shares, equivalent to 10.01 per cent. of the
issued share capital of the Company and no longer has a notifiable interest in
the share capital of the Company.  The shares were sold by Hargreave Hale
Limited, a member firm of the London Stock Exchange, to investment clients.


For further information:-


Haresh Kanabar, Silentpoint plc                          Tel:  [phone]

John East/Simon Clements, John East & Partners Limited   Tel: [phone]



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