RNS Number:5121L
Public Network PLC
23 May 2003



                NOTIFICATION OF CHANGE OF SHAREHOLDINGS

1.  Name of company

Public Network plc.

2. Name of shareholders having a major interest

G H W Group 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.

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.

W B Nominees Limited (G H W Group plc)

5.  Number of shares/amount of stock acquired

N/A

6.  Percentage of issued class

N/A

7.  Number of shares/amount of stock disposed

285,000

8.   Percentage of issued class (voting rights in Total Issued Share Capital 
of the Company in brackets)

4.46% (3.77%)

Note:  the Total Issued Share Capital in the Company includes 30% 5p Cumulative
Redeemable Preference Shares pursuant to the Circular dated 10 April 2003, that
carry equal voting rights per share at general meetings.

9.  Class of security

Ordinary Shares of 5p each

10.  Date of transaction

19-21 May 2003

11.  Date company informed

23 May 2003

12.  Total holding following this notification

W B Nominees Limited (G H W Group plc) 1,073,822

13. Total percentage holding of issued class following this notification
(voting rights in Total Issued Share Capital of the Company in brackets)

W B Nominees Limited (G H W Group plc) 16.79% (14.2%)

Note:  the Total Issued Share Capital in the Company includes 30% 5p Cumulative
Redeemable Preference Shares pursuant to the Circular dated 10 April 2003, that
carry equal voting rights per share at general meetings.

14. Any additional information

15. Name of contact and telephone number for queries

David Martin 020 8547 0220

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

David Martin, Managing Director

Date of notification: 23 May 2003



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

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