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Osprey Comms. (OSPY)


Thursday 18 January, 2001

Osprey Comms.

Holding in Company

Osprey Communications PLC
18 January 2001

                          Osprey Communications plc

                  ('Osprey Communications' or 'the Company')

                              Holding in Company

The Company was informed on 17 January 2001 that following the recent open
offer, capital reorganisation and purchases of shares in the market, Forest
Nominees Ltd are now the registered holder of 52,334,334 ordinary shares of
0.1p each in Osprey Communications which represents approximately 19.59% of
the issued share capital. The beneficial owner of these shares is Caldwell


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