PNS Panther Securities Plc

RNS Number:4122F
Abraxus Investments PLC
18 November 2004


                            Abraxus Investments Plc
                          ("Abraxus" or "the Company")

The Company was informed on 17 November 2004 that Grosvenor Land Holdings Plc
sold 5,524,444 ordinary shares at 5.6p each in the Company and now no longer 
holds a notifiable interest in the share capital of the Company.

The Company was also informed on 17 November 2004 that Panther Securities Plc
purchased 5,524,444 ordinary shares in the Company representing 21.06% of the
issued share capital of the Company.



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

END
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