RNS No 1231q
CEDAR GROUP PLC
16th December 1998


HOLDING IN COMPANY

The Company was informed on 15 December 1998 by Herald
Investment Trust ("Herald") that, following a sale of
940,000 Ordinary shares of 5p each ("Shares") in the
Company on 4 December 1998, Herald no longer has an
interest in any of the issued ordinary share capital of
the Company.

END

HOLFFAFSMUAUFLE
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