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Vebnet (Hldgs) PLC (VBT)

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Friday 12 March, 2004

Vebnet (Hldgs) PLC

Director Shareholding

Vebnet Holdings PLC
12 March 2004



                             VEBNET (HOLDINGS) PLC

                           Director's Share Purchase

The Company (an AIM-traded, Edinburgh-based provider of technology for employee
benefit solutions) was notified yesterday that, on that day, Dr A G M Nairn
(Deputy Chairman) had purchased 10,000 Ordinary Shares in the Company (0.12% of
the issued share capital) at 135p per share, taking his holding to 967,123
Ordinary Shares (11.47% of the issued share capital).

Enquiries:

Vebnet (Holdings) plc                                            0131-270 5500
Gerry O'Neill (Chief Executive Officer)
Stephen Thurlow (Finance Director)

Bankside Consultants Limited
Charles Ponsonby                                                 020-7444 4166




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