RNS Number:2508P
Proactive Sports Group PLC
01 September 2003

1 September 2003


                           Proactive Sports Group Plc
                              Notifiable Interest


The Board of Proactive Sports Group PLC (the "Company") was notified today that
following the acquisition of the management contracts of Exeter Investment
Group's open-ended funds by New Star Asset Management, Exeter Asset Management
Limited no longer holds any ordinary shares in the Company.


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