QTR Quiktrak

    yRNS Number:8099U
QuikTrak Networks PLC
29 January 2004

                             QuikTrak Networks plc

                            Directors' shareholdings

Pursuant to the Placing announced earlier today, the directors of QuikTrak have
subscribed for new ordinary shares in the Company at 12p per share and,
following the subscription, are interested in ordinary shares in the Company as
set out in the table below.


Director                              Number of ordinary  Interest in ordinary     Percentage of
                                    shares subscribed in  shares following the   issued ordinary
                                             the Placing               Placing     share capital
                                                                                  (following the
                                                                                        Placing)

Chrisilios Kyriakou                              883,333            10,166,056             17.0%
John Scott                                       316,667               331,667              0.6%
Charles de Chezelles                             233,333               333,333              0.6%
Brian Parritt                                    150,000               216,158              0.4%
John Landels                                      66,667               109,677              0.2%

29 January, 2004


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

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