Ocean Res Cap Hldgs

Holding(s) in Company

Ocean Resources Capital HoldingsPLC
12 December 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)         Name of company

            OCEAN RESOURCES CAPITAL HOLDINGS PLC


2)         Name of shareholder having a major interest

            SG OPTION EUROPE


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


            SHAREHOLDER 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

            SHAREHOLDER IN 2) ABOVE

5)         Number of shares/amount of stock acquired

            1,500,000


6)         Percentage of issued class

            1.76%

7)         Number of shares/amount of stock disposed

            N/A

8)         Percentage of issued class

            N/A


9)         Class of security

            ORDINARY SHARES OF 1 PENCE EACH

10)       Date of transaction

            NOT DISCLOSED

11)       Date company informed

            10 DECEMBER 2003


12)       Total holding following this notification

            7,150,000


13)       Total percentage holding of issued class following this notification

            8.39%

14)       Any additional information



15)       Name of contact and telephone number for queries

            DAVID HUTCHINS, CHIEF EXECUTIVE, OCEAN RESOURCES CAPITAL HOLDINGS
            PLC - 020 7332 2070

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

            DAVID HUTCHINS, CHIEF EXECUTIVE


            Date of notification 12 DECEMBER 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange