Xaar PLC - Hldg by Mountcashel PLC

RNS No 6267c
XAAR PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

XAAR PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

MOUNTCASHEL PLC

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

IN RESPECT OF 2 ABOVE

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

MOUNTCASHEL PLC

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

150,000

8)  ( 0.3% ) of issued Class

9)  Class of security

10P ORDINARY SHARES

10) Date of transaction

2ND APRIL 1998

11) Date company informed

6TH APRIL 1998

12) Total holding following this notification

1,933,330

13) Total percentage holding of issued class following this notification

3.73%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

JONATHAN LOWE
FINANCE DIRECTOR
01223 423663

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

JONATHAN LOWE

 Date of Notification...6TH APRIL 1998.......


END

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