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Vema N.V. (VEMD)


Friday 22 June, 2001

Vema N.V.

Holding in Company

Vema N.V.
22 June 2001

                           VEMA NV ('the Company')

                              Holding in Company

The Company was informed on 15 June 2001 that on 12 June 2001 City Equities
Limited acquired 5,800,000 global depository receipts ('GDRs') in the Company.
City Equities Limited now has an interest in 3.95 per cent of the issued A
shares of EUR 0.02 each that are represented by GDRs.


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