Holding in Company

Vitec Group PLC
24 May 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

THE VITEC GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

CGNU PLC THROUGH ITS SUBSIDIARY MORLEY FUND MANAGEMENT LIMITED


3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

NAMED IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.



5)   Number of shares/amount of stock acquired.

NOT SPECIFIED


6)   ( - %) of issued Class


7)   Number of shares/amount of stock disposed

-

8)   ( - %) of issued Class


9)   Class of security

ORDINARY SHARES


10)  Date of transaction

NOT STATED IN NOTIFICATION


11)  Date company informed

24 MAY 2001


12)  Total holding following this notification

2,169,740
               
              
13)  Total percentage holding of issued class following this notification

5.29%


14)  Any additional information

PREVIOUS NOTIFICATION BY CGNU PLC WAS 1,764,701 REPRESENTING 4.31%


15)  Name of contact and telephone number for queries

R D PEATE, GROUP COMPANY SECRETARY
TEL [phone]

16)  Name and signature of authorised company official responsible for 
     making this notification


     Date of Notification .... 24 MAY 2001 ......