RNS Number:0370S
Microcap Equities Plc
13 November 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

Microcap Equities plc



2. Name of shareholder having a major interest

Libra Investments 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

Shareholder Named 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


5. Number of shares / amount of stock acquired

380,000



6. Percentage of issued class

1.23%



7. Number of shares / amount of stock disposed


8. Percentage of issued class


9. Class of security

1p Ordinary Shares



10. Date of transaction

8th October 2003



11. Date company informed

10th October 2003



12. Total holding following this notification

6,049,692


13. Total percentage holding of issued class following this notification

19.74%


14. Any additional information


15. Name of contact and telephone number for queries

Adam Reynolds - 020 7245 1100



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

Adam Reynolds



Date of notification

13th November 2003



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                      This information is provided by RNS
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