RNS Number:7260Y
Acquisitor Holdings (Bermuda) Ltd
14 May 2004


                                                                     14 MAY 2004

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

                        Purchase of stake in Nettec plc

The Company announces that on 13 May 2004 it acquired 16,377,529 ordinary shares
in Nettec plc, representing 13.54% of that company's issued share capital.

Acquisitor Holdings endeavors 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.

Enquiries:

Bishopsgate Communications Ltd                               Tel: 020 7430 1600
Maxine Barnes
Dominic Barretto
Email: maxine@bishopsgatecommunications.com

Information on the Company can also be obtained at: www.acquisitorholdings.com




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