RNS Number:9939H
Infast Group PLC
26 February 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

INFAST GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

ARTEMIS INVESTMENT MANAGEMENT LIMITED

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

NOT INDICATED

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

SEE ATTACHED

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF 20P EACH

10)  Date of transaction

NOT KNOWN

11)  Date company informed

26TH FEBRUARY 2003

12)  Total holding following this notification

8,409,876
               
13)  Total percentage holding of issued class following this notification

7.35%

14)  Any additional information



15)  Name of contact and telephone number for queries


M J F PARKER
01452 880582

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

     Date of Notification ..........  26/02/03


LETTER TO INFAST GROUP PLC
DATED 24 FEBRUARY 2003

FOLLOWING THE MERGER OF TWO ARTEMIS FUNDS, THE ARTEMIS UK SPECIAL SITUATIONS
FUND NOW HOLDS 8,409,876 SHARES IN INFAST.

LETTER FROM ARTEMIS INVESTMENT MANAGEMENT LIMITED






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