RNS Number:3843U
Virtue Broadcasting PLC
19 January 2004


VIRTUE BROADCASTING PLC (the "Company")

19 JANUARY 2004

NOTIFICATION OF MAJOR INTEREST IN SHARES

Virtue Broadcasting plc received notification on Friday 16 January that, as a
result of the acquisition by Virtue of Kamera Holdings AB announced on 9 January
2004, Zodiak Venture Capital and its direct subsidiary have an interest in
9,507,647 ordinary shares representing 4.49% of the issued share capital of the
Company.

The registered holders of these shares are Zodiak Venture Capital KB as to
7,127,065 ordinary shares, and Zodiak KAH AB as to 2,380,582 ordinary shares.

The Company was also informed on Friday 16 January that MVI Group have an
interest in 9,522,329 ordinary shares representing 4.50% of the issued share
capital of the Company.

The registered holders of these shares are MVI Sverige KB as to 2,380,582
ordinary shares, and MVI Finance Ltd as to 7,141,747 ordinary shares.

ENDS



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