RNS Number:9970M
Acquisitor PLC
01 July 2003


                                                                     1 JULY 2003

                             ACQUISITOR PLC ("ACQ")

                        ("ACQUISITOR" or "the Company")

                  (Ticker: Reuters ACQ.L or Bloomberg: ACQ LN)

                              LETTER TO NETTEC PLC

                    REGARDING SIGNIFICANT HOLDING IN COMPANY


Acquisitor Plc, the AIM-listed investment company, sent the following letter to
Nettec Plc, on 26 June 2003.


Dear Sir

Section 198 Companies Act 1985 ("The Act").

We write to give notice that following the purchase of 10,000,000 shares on
Wednesday 25th June 2003, Acquisitor Plc have an interest, within the meaning of
Part VI of the Act, in 10,000,000 ordinary shares of your company representing
8.27%* of the issued share capital.

The shares will be registered in the name of Hanover Nominees Limited.


Yours sincerely


Tim Lovell
For and on behalf of
Acquisitor Plc


*           Based on and issued share capital of 120,987,564.


                                      ENDS

Enquiries


Barnes and Walters Ltd                                             020 7430 1600
Maxine Barnes                                        maxine@barnesandwalters.com



Further information on Acquisitor Plc can be found at: www.acquisitor.com




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