Holding(s) in Company

Quadnetics Group PLC
07 February 2005


QUADNETICS GROUP PLC (the 'Company')

7 FEBRUARY 2005

HOLDING IN COMPANY

The Company received notification today from JP Morgan Securities Limited
stating that following a sale of 30,000 ordinary shares, Fleming Mercantile
Investment Trust Plc is now interested in 691,309 ordinary shares representing
5.98% of the issued ordinary share capital of the Company.

ENDS




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