Holding in Company

Zen Research PLC
4 December 2001

4 December 2001


Zen Research plc was notified on 3 December 2001 by JP Morgan Securities
Limited that, on behalf of its JPMF UK Smaller Companies Fund, it now holds
4,930,642 Zen shares, representing 2.73% of the Company's issued share
capital.


Zen Research plc

Mark Way       [phone]
Investor Relations