RNS Number:9179T
Lorien PLC
6 January 2004


                                  SCHEDULE 10
 
                    NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     LORIEN PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     UNICORN INVESTMENT FUNDS ICVC


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

     BENEFICIAL


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

     HSBC NOMINEES LTD
     DESIGNATED A/C UNICORN FREE SPIRIT FUND                818,000
     DESIGNATED A/C UNICORN UK SMALLER COMPANIES FUND       506,150


5)   Number of shares/amount of stock acquired.

     23,250


6)   Percentage of issued Class

     0.12%


7)   Number of shares/amount of stock disposed

     N/A


8)   Percentage of issued Class

     N/A

9)   Class of security

     ORDINARY


10)  Date of transaction

     23.12.2003


11)  Date company informed

     FAX      24.12.2003
     LETTER   06.01.2004

12)  Total holding following this notification

     UNICORN FREE SPIRIT FUND        818,000
     UNICORN UK SMALLER COS FUND     506,150

               
13)  Total percentage holding of issued class following this notification

     7.11%


14)  Any additional information

     PLEASE NOTE FAX SENT ON 24 DECEMBER 2003 ONLY REACHED CORPORATE OFFICE ON 
     6.1.2004


15)  Name of contact and telephone number for queries

     PATSY HAYES
     0161 888 2506


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

     Date of Notification    6 JANUARY 2004



LETTER TO LORIEN PLC DATED 24 DECEMBER 2003


SECTION 198 - 210 COMPANIES ACT 1985 (AS AMENDED)

As required under the terms of the above Act, I am writing to advise you of the 
following transaction affecting notifiable interests held by Unicorn Investment 
Funds ICVC.

Unicorn UK Smaller Fund purchased 23,250 Shares on 23/12/03.

This transaction takes the Trust's holding to the following;

Unicorn Free Spirit Fund 818,000 Shares 
Unicorn UK Smaller Companies Fund 506,150 Shares

According to our records, this now represents a holding of 7.11% of this class 
of capital. The shares are registered in the name of HSBC Nominees Limited, and 
designated accounts "Unicorn Investment Funds Free Spirit Fund" & "Unicorn UK 
Smaller Companies Fund"

LETTER FROM EXETER INVESTMENT GROUP


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

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