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Vema N.V. (VEMD)


Friday 26 October, 2001

Vema N.V.

Holding in Company

Vema N.V.
26 October 2001

                          VEMA N.V. ('the Company')

                              Holding in Company

The Company has today been informed that following a sale on 17 October 2001
of 453,000 GDRs (each GDR representing 1 A share of EUR 0.02 each), Everett
Financial Management Limited no longer has a notifiable interest in the


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