Holding(s) in Company

Xaar PLC
10 June 2003

Xaar PLC (the 'Company')

NOTIFICATION OF MAJOR INTERESTS IN SHARES

The Company was notified today by Hermes Administration Services Limited, on
behalf of Royal Mail Pensions Trustees Limited, informing them that they have a
material interest in 1,850,305 shares, representing 3.01% of the issued ordinary
share capital of the company.

The shares are registered in the name of PossFund Nominees Limited.

10 June, 2003



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