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Osprey Comms. (OSPY)


Tuesday 16 January, 2001

Osprey Comms.

Holding in Company

Osprey Communications PLC
16 January 2001

                          Osprey Communications plc

                  ('Osprey Communications' or 'the Company')

                              Holding in Company

The Company was informed on 15 January 2001 that on 12 January 2001, Everett
Financial Management Limited sold to its clients 7,820,000 ordinary shares of
0.1p each in Osprey Communications. Everett Financial Management Limited now
has a total interest in 12,200,000 ordinary shares, representing approximately
4.57% of the issued share capital.


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