RNS Number:6705K
Maverick Entertainment Group PLC
02 May 2003


                        Maverick Entertainment Group Plc
                                ("the Company")

                               Holding in Company

The Company was advised on 28 April 2003 that on that date, City Equities bought
6,000,000 ordinary shares of the Company, representing approximately 3.46 per
cent of the issued share capital.

The Company was then advised on 29 April 2003 that City Equities had sold
3,720,000 ordinary shares in the Company and as a result no longer holds a
notifiable interest in the Company.

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

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