RNS Number:1046J
Oystertec PLC
24 March 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.     Name of company

       Oystertec plc

2.     Name of shareholder having a major interest

       Ennismore Fund Management Limited

3.     Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above
       or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that
       person's spouse or children under the age of 18.

       As in 2 above

4.     Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them

       6,110,750 shares Morgan Nominees Limited Re Ennismore European Smaller Companies Fund (OEIC)

       5,814,250 shares GSSN Nominees Limited Re Ennismore European Smaller Companies Hedge Fund.

5.     Number of shares/amount of stock acquired

       1,000,000 shares

6.     Percentage of issued class

       0.4%

7.     Number of shares/amount of stock disposed

       N/a

8.     Percentage of issued class

       N/a

9.     Class of security

       Ordinary Shares

10.    Date of transaction

       Not disclosed

11.    Date company informed

       19th March 2003

12.    Total holding following this notification

       11,925,000 shares

13.    Total percentage holding of issued class following this notification

       4.75%

14.    Any additional information



15.    Name of contact and telephone number for queries

       Adrian Binney, 01430 875296

16.    Name and signature of authorised company official responsible for making this notification.

       Adrian Binney, Finance Director

Date of notification: 21st March 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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