The chart for this stock says it all.

The company is quickly becoming a real gem in the telematics field, over the last month the co. has announced re-seller contracts which will bring in min. 2m or >30% of last years T/O alone.

The company is already experiencing massive organic growth so the co. should be profitable now following last years 500k loss.

The co. has approx. 6m cash and is in one of the hottest growth areas at the moment.

With a market cap. of 25m this will be re-rated x2/3 minimum within the next 6-12 months IMHO.

MM buys went through on Friday with T/O continuing to build, one to put on your monitor...

Nice to see so much optimism and commitment. It can only be the fact that this company is (in all opinions, including mine)going in the right direction. I too at this stage am sitting on a loss but have enough faith in CYH to hold for the long term

CybIT Holdings PLC
24 February 2004


SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Cybit Holdings 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

Artemis UK Growth Fund 79,250,000 8%
Artemis Alpha Trust 12,500,000 1.26%
Artemis New Enterprises Fund 12,500,000 1.26%

Total 104,250,000 10.52%

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

Not notified

5. Number of shares / amount of stock acquired

Not notified

6. Percentage of issued class

Not notified

7. Number of shares / amount of stock disposed

Not notified

8. Percentage of issued class

Not notified

9. Class of security

Ordinary shares of 0.1p each

10. Date of transaction

Not notified

11. Date company informed

24 February 2004

12. Total holding following this notification

104,250,000

13. Total percentage holding of issued class following this notification

10.52%

14. Any additional information

-

15. Name of contact and telephone number for queries

Kevin Lawrence - 01480 389100

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

Kevin Lawrence

Date of notification

24 February 2004

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.

Lots of investors buying like cybit shares are going out of fashion!!

G12 :)

That is exceedingly good news that there is a big institutional buyer for CYH shares

b1 Agreed
It certainly seems like a vote of confidence
Who said blue was a sad colour?

i'm looking at either CYBIT or ID DATA, does any one have any views on this trade off? I know always DYOR, but i'm not 100% on how to compare the two of them... Any help would be greatly received....

Mr Davis
as you say DYOR I have shares in both IDD and CYH I think 2004 is going to be good for both
Why not hedge your bets and buy both

we now `ve the answer why cyh price was held down! Someone else want a lot of it,so their agent do their tricks to orchester a stake building play!!! :))
PS,they also let the news out on a mk down day ,why? MM DON`T want buyer right NOW!

Thats excellent news!

Seems that todays news has inspired a slight regain in the price we lost a lot of ground in the last week or three. Hopefully people will start to realise what this company has to offer and continue buying. More news will inevitably keep people interested, but it is news like this with large institutions buying in further that will push the price up as the demand for stock goes up proportionately.

Buy and hold med to long term for substantial gains in excess of three or four baggers IMHO DYOR.

Back a little early - sorry - but this will only be good news if the price is maintained. I agree its good news but I hope this will transpire inot a buy reccommendation from a number of brokers.

Does anyone know the pedigree of the institution?

Very good I believe Pumacat. Also on another BB it states that they have never held more than 4% so holding 10.52% in Cybit must say something!

very good news today

Thanks Petermoran

Have to wait and see what happens now in the next couple of weeks. It would be idela I think if a major contract win was announced as well to show why the support was given

Here's the guys buying on behalf of Artemis - top quality fund managers!!!

Adrian Paterson

Adrian graduated in 1990 from the University of Durham with a degree in Economics and Politics. He spent a year working as a stockbroker in Paris with Finacor, part of the Credit Lyonnais Group, before joining Jupiter Asset Management in 1993 as a fund Manager and latterly, a director. He was part of the UK specialist equity team, running a variety of institutional and retail funds totalling approximately 1bn, including the number 1 rated Primadonna Investment Trust. Adrian joined Artemis September 2002 as a senior fund manager. Adrian has been running the Artemis UK Growth Fund since 2nd September 2002.

Lindsay Whitelaw

After graduating from Aberdeen University, Lindsay qualified as a Chartered Accountant. From 1985, he spent four years with Johnston Press involved in acquisition studies, monitoring of subsidiaries performance and assisting in the preparation of the company for flotation. He subsequently moved to 3i plc, identifying, negotiating and structuring private equity investments. In 1991 he moved to Ivory & Sime, latterly becoming a director of private equity. Lindsay is the Group Technology & Biotech specialist and is a founding member of Artemis. He has managed the Artemis New Enterprises Fund since its launch on 6th June 2000

You decide!!!

:O))))))) LOOKS LIKE WE ARE ON OUR WAY !!!! xfinger ;-))))

Nearly 10m shares bought today already and it's only 9pm! Little CYH is right up there with the likes of VOD in the volume of shares traded. What an extraordinary stock.

Now at 13ml. with 10:1 buy :sell and price adjusted down? patience Doug!!!

I would expect a drop to try and tree shake all/some of those buys out!

Remember... The company is going in the right direction... regardless of price

AIMO

I think MM no longer `ve the power to shake the tree now,where they find the seller?? they should have gone a long time ago! Please tell me how can they tempt strong holder like US??? No seller,buyer rush in,see what happen next!