RNS Number:2503O
Penna Consulting PLC
1 August 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY
PENNA CONSULTING PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
FMR CORP AND FIDELITY INTERNATIONAL 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
AS ABOVE


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.
HSBC GLOBAL CUSTODY NOMINEES     700,000
STATE STREET NOMINEES            100,000
BROWN BROTHERS HARRIMAN LTD       47,000


5)   Number of shares/amount of stock acquired.
100,000


6)   ( 0.56 %) of issued Class


7)   Number of shares/amount of stock disposed
N/A


8)   ( N/A %) of issued Class


9)   Class of security
ORDINARY 5P SHARES


10)  Date of transaction
NOT KNOWN


11)  Date company informed
1 AUGUST 2003


12)  Total holding following this notification
947,000

               
13)  Total percentage holding of issued class following this notification
5.27%


14)  Any additional information



15)  Name of contact and telephone number for queries
D S P FIRTH 0207 945 3505


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

     Date of Notification 
1 AUGUST 2003


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

END

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