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Wednesday 03 July, 2002

CB Clients PLC

Re: Interest in Shares

CB Clients PLC
3 July 2002

                         Stock Exchange Announcement

For immediate release            03 July, 2002

                         CB Clients Plc (the 'Fund')
               Alsukoor European Equity Fund (the 'Sub-fund')

     Re:      Notification of Interests in Shares & Controlling Shareholder

The Board of Directors of the Fund wishes to announce the following interests in
the Shares of the Sub-fund, as at 25 June 2002:

Shareholder                                  No. of Shares               %

Al Tawfeek                                   177,103                     69.95
Commerzbank  AG                              50,000                      19.31
Commerzbank AG holdings
Custodised as Clearstream Banking AG         31,363                      12.11


CICM Fund Management Ltd                     Margaret Fitzgerald
                                             +353 1 6491344

Goodbody Stockbrokers                        Ciara Bollard
                                             +353 1 641 9151

This announcement has been issued through the Companies Announcement Service of
                           the Irish Stock Exchange.

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

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