For immediate release

                                                                    4 July 2005

              Panther Securities PLC ("Panther" or "the Company")              

                             Director Shareholding                             

Further to the announcement made earlier today, the Company was advised on 1st
July, 2005 that John Perloff and Simon Peters held 90,000 and 9,000 Ordinary
Shares, representing 0.53 and 0.05 per cent. of the issued share capital of the
Company, respectively. John Doyle does not hold any Ordinary Shares.

For further information:

Andrew Perloff, Panther Securities PLC: 020 7278 8011



END



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