Holding(s) in Company

Tandem Group PLC
04 November 2003

Tandem Group plc ('the Company')

Notification of Holdings pursuant to S198 of the Companies Act 1985

The Company today received notification that, following a recent transaction,
Jupiter Asset Management Limited now has an aggregate interest in 3,800,000
ordinary shares in the Company representing 10.11 per cent. of the issued
ordinary share capital of the Company.


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