RNS Number:2709K
Petards Group PLC
29 March 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

     
1.   Name of company

     Petards Group plc

2.   Name of shareholder having a major interest

     Enterprise Venture Capital VCT

3.   Please state whether notification indicates that it is in respect of holding of the shareholder
     named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder
     if it is a holding of that person's spouse or children under the age of 18.

     As above

4.   Name of the registered holder(s) and, if more than one holder, the number of shares held by each of
     them

     As above

5.   Number of shares/amount of stock acquired

     25,000,000

6.   Percentage of issued class

     Not disclosed

7.   Number of shares/amount of stock disposed

     N/A

8.   Percentage of issued class

     N/A

9.   Class of security

     Ordinary shares

10.  Date of transaction

     Not disclosed

11.  Date company informed

     24 March 2005

12.  Total holding following this notification

     25,000,000

13.  Total percentage holding of issued class following this notification

     4.02%

14.  Any additional information



15.  Name of contact and telephone number for queries

     Andrew Wonnacott 01932 788288

16.  Name and signature of authorised company official responsible for making this notification.

     Andrew Wonnacott, 01932 788288

Date of notification: 29 March 2005



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

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