RNS Number:5000B
CybIT Holdings PLC
02 August 2004


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Cybit Holdings plc

2. Name of shareholder having a major interest

Artemis Investment Management Limited

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

Artemis New Enterprises Fund 12,500,000
Artemis UK Growth Fund 96,250,000

Total 108,750,000

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

Not known

5. Number of shares / amount of stock acquired

Not known

6. Percentage of issued class

Not known

7. Number of shares / amount of stock disposed

Not known

8. Percentage of issued class

Not known

9. Class of security

Ordinary shares

10. Date of transaction

Not known

11. Date company informed

30 July 2004

12. Total holding following this notification

108,750,000

13. Total percentage holding of issued class following this notification

10.98%

14. Any additional information

-

15. Name of contact and telephone number for queries

Kevin Lawrence - 01480 389100

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

Kevin Lawrence

Date of notification

2 August 2004

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for loss of business or loss of profits) arising in contract, tort or otherwise
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                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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