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Osprey Comms. (OSPY)

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Friday 12 January, 2001

Osprey Comms.

Holding in Company

Osprey Communications PLC
12 January 2001

     Osprey Communications plc ('Osprey Communications' or 'the Company')


                              Holding in Company


The Company has today been informed that on 11 January 2001, Everett Financial
Management Limited purchased 25,000,000 ordinary shares of 0.1p each in Osprey
Communications. Everett Financial Management Limited now has a total interest
in 25,000,000 ordinary shares, representing approximately 9.36% of the issued
share capital.


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