RNS Number:8243K
CybIT Holdings PLC
07 May 2003


                       Cybit Holdings plc ("the Company")

                               Holding in Company

The Company has today been informed that Billam plc sold 21,000,000 ordinary
shares of 1p each in the Company on 17 April 2003 in response to market demand.
Billam plc is now interested in 172,090,800 ordinary shares of the Company,
representing approximately 23.95 per cent of the issued ordinary share capital.










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