RNS No 4377n
CLIPPER VENTURES PLC
1 October 1999


                           Clipper Ventures Plc

                    Dealing by substantial shareholder

The directors of Clipper Ventures PLC ("Clipper") were informed yesterday that
Corporate Synergy PLC has disposed of all of the 483,700 ordinary shares in
Clipper that it held, representing 5.1 per cent. of the issued share capital.
These shares were acquired by Clipper's brokers, Hoodless Brennan & Partners
Plc, who have placed substantially all of them with their clients.  As a result
Hoodless Brennan & Partners Plc no longer has a notifiable interest in Clipper.

Enquiries
Clipper Ventures Plc          01234 711550
William Ward, Managing Director

Nabarro Wells & Co Limited    0171 710 7400
Hugh Oram


END

HOLALLFDIVLLIAA


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