RNS Number:2176T
Acquisitor Holdings (Bermuda) Ltd
12 December 2003


                                                                12 DECEMBER 2003

                       ACQUISITOR HOLDINGS (BERMUDA) LTD.
                    ("ACQUISITOR HOLDINGS" OR "THE COMPANY")
                 (Ticker: Reuters: AOB.L or Bloomberg: AOB LN)
      Acquisitor Holdings increases interest in Baltimore Technologies plc

Following the purchase of 110,000 shares on 10 December 2003, Acquisitor
Holdings has informed Baltimore Technologies plc ("Baltimore") that it has an
interest in 4,393,736 ordinary shares of Baltimore, representing 8.18%* of the
issued share capital.

The shares will be registered in the name of Hanover Nominees Limited.

* based on 53,718,315 shares, as advised by Baltimore on 10 December 2003.

Acquisitor Holdings endeavours to achieve a high rate of capital growth for its
shareholders by acquiring significant holdings in companies, which the members
of its Board of Directors consider to be fundamentally sound but which are
valued at a discount to the Directors' estimate of their private market value.


                                    --ENDS--

Enquiries:

Bishopsgate Communications Ltd                              Tel: 0207 430 1600
Maxine Barnes
Dominic Barretto
Email: maxine@bishopsgatecommunications.com


                      This information is provided by RNS
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