Raft Int'l PLC

Holding(s) in Company

Raft International PLC
22 July 2002

         Raft International plc ("Raft International" or the "Company")

                               Holding in Company

The Company has today been notified that Schweco Nominees Limited now holds
4,269,075 ordinary shares of 5p each in the Company, representing 6.5% of the
issued share capital of the Company. The beneficial owner of these shares is
Resurge plc.

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