RNS Number:9674P
ARC Risk Management Group PLC
19 September 2003


                 ARC Risk Management Group plc ("the Company")

                               Holding in Company

The Company has today been informed that, as a result of the recent placing,
City Equities Limited acquired 10,000,000 ordinary shares in the Company,
representing 5.98% of the issued share capital. Having sold, acting as
principal, 10,000,000 shares to certain of its private customers, as at close of
business on 18 September 2003, City Equities Limited no longer has an interest
in the share capital of the Company.








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