RNS Number:0095S
CybIT Holdings PLC
13 November 2003


                               Cybit Holdings PLC

                  Holding in company and exercise of warrants

The Company was informed on 10 November 2003 that SP Investments Ltd (part of
Seymour Pierce Group PLC) had exercised a warrant to subscribe for 5,000,000 new
ordinary shares at 3.5p per share. The Company has been informed that these new
shares were placed in the market on 7th November.

These 5,000,000 new ordinary shares of 0.1 pence each will rank pari passu with
all other ordinary shares now in issue. Application for these new shares to be
admitted to trading on AIM has been made and admission is expected to occur on
18 November 2003.






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