Holding(s) in Company

Intec Telecom Systems PLC
28 June 2002


          Intec Telecom Systems PLC ("Intec" or "the Company") 

     Notification of Change in Substantial Interest - Mican Limited

Intec Telecom Systems PLC has today received notification that on 28th June 
2002, Mican Limited ("Mican"), a company registered in the British Virgin 
Islands, sold 2,000,000 ordinary shares of 1p each in Intec, representing 1.1 
per cent of the current issued share capital of the Company, at a price of 32 
pence per share. No current member of the Intec Telecom Systems Board or other 
employee was involved in the sale.

Following the transaction, Mican retains an interest in 85,452,524 Intec 
ordinary shares, representing 46.4 per cent of the current issued share capital.

A Jersey based trust, of which the family of Intec chairman Mike Frayne are 
beneficiaries, is a material shareholder in Mican. Through Mican, the Jersey 
based trust is interested in an aggregate 28,353,519 Intec shares, representing 
15.4 per cent of the current issued share capital of the Company. The 
transaction by Mican does not give rise to any change in the holding of the 
Jersey based trust, the beneficial holdings of Mr Frayne or his family, nor any 
other director of Intec.

Mican has previously entered into a contractual undertaking with the Company 
that for as long as it holds Ordinary Shares representing more than 30 per cent 
of the issued ordinary share capital of the Company, it shall conduct any 
arrangement or relationship with the Company so as to ensure that all 
transactions will be at arms' length and on a normal commercial basis.

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