RNS Number:8538H
Contemporary Enterprises PLC
24 February 2003

                  Contemporary Enterprises plc (the "Company")

                            Notification of holding


The Company announces that on 21 February 2003 Milestone Group Holdings Limited
transferred 24,623 ordinary shares representing 0.65 per cent. of the Company's
issued share capital for a consideration of #14,618 to Martin Gladding, Managing
Director.



Post the transaction, Martin Gladding has a holding of 438,117 ordinary shares
representing 11.53 per cent. of the Company's issued share capital. Martin
Gladding is the registered owner and the holding is held beneficially by him.



Post the transaction, Milestone Group Holdings Limited has a holding of 806,024
ordinary shares representing 21.21 per cent. of the Company's issued share
capital. Milestone Group Holdings Limited is the registered owner and the
holding is held beneficially by it.



Date of transaction:  21 February 2003

Date Company notified:  21 February 2003

Class of security: Ordinary shares of 50 pence each



Enquiries: Tony Edwards (Tel: 0870 011 2440)



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