RNS Number:9528S
Acquisitor Holdings (Bermuda) Ltd
05 December 2003

                                                                 5 DECEMBER 2003

                       ACQUISITOR HOLDINGS (BERMUDA) LTD.
                    ("ACQUISITOR HOLDINGS" OR "THE COMPANY")
                 (Ticker: Reuters: AOB.L or Bloomberg: AOB LN)

      Acquisitor Holdings increases interest in Baltimore Technologies plc

Following the purchase of 450,000 shares on 1 December 2003, Acquisitor Holdings
has informed Baltimore Technologies plc that it has an interest in 3,293,736
ordinary shares of Baltimore Technologies plc, representing 6.15% of the issued
share capital (based on 53,514,288 ordinary shares at 31 December 2002).

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

Acquisitor Holdings endeavours to achieve a high rate of capital growth for its
shareholders by acquiring significant holdings in companies, which the members
of its Board of Directors consider to be fundamentally sound but which are
valued at a discount to the Directors' estimate of their private market value.


                                      ENDS

Enquiries:

Bishopsgate Communications Ltd.                             Tel: 0207 430 1600
Maxine Barnes
Dominic Barretto
Email: maxine@bishopsgatecommunications.com

                      This information is provided by RNS
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