RNS Number:6533R
Oystertec PLC
04 November 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.     Name of company

       Oystertec plc

2.     Name of shareholder having a major interest

       Standard Life Investments

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 in 2 above

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

       Stanlife Nominees Limited

5.     Number of shares/amount of stock acquired

       400,000 SHARES

6.     Percentage of issued class

       Not disclosed

7.     Number of shares/amount of stock disposed

       N/A

8.     Percentage of issued class

       N/A

9.     Class of security

       Ordinary Shares

10.    Date of transaction

       31st October 2003

11.    Date company informed

       3rd November 2003

12.    Total holding following this notification

       17,950,000 shares

13.    Total percentage holding of issued class following this notification

       7.158%

14.    Any additional information
        Standard Life Investments has entered into a strategic relationship with Citibank NA with effect from 1st
       November 2003


15.    Name of contact and telephone number for queries

       Matthew Rockett, +44 (01430) 875257

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

       Matthew Rockett, Group Accountant

Date of notification: 4th November 2003




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