Holding(s) in Company-Replcmt

IBNet PLC
08 July 2003



This announcement replaces the Holding in Company announcement released on the
RNS system no 3006N on Tuesday 8 July at 16.44. As previously released the
announcement contained draft text and draft figures. This has been amended and
the full corrected text appears below.

                       Ibnet plc ('IBN' or the 'Company')


The Company was informed on 4 July 2003 that Deutsche Bank AG now has a
notifiable interest in 2,929,657 ordinary shares representing 3.3 per cent. of
IBN's issued share capital.


Enquiries


Toby Smallpiece            CEO, IBN      020 8987 6700



                      This information is provided by RNS
            The company news service from the London Stock Exchange