EXHIBIT 99.12

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)   Name of company

SMARTLOGIK GROUP PLC

2)   Name of shareholder having a major interest

FIDELITY INTERNATIONAL 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

NON-BENEFICIAL INTEREST AS A RESULT OF INVESTMENT MANAGEMENT ACTIVITIES

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

NOT DISCLOSED

5)   Number of shares/amount of stock acquired

NOT DISCLOSED

6)   Percentage of issued class

NOT DISCLOSED

7)   Number of shares/amount of stock disposed

N/A

8)   Percentage of issued class

N/A

9)   Class of security

ORDINARY SHARES OF ONE PENCE

10)  Date of transaction

NOT DISCLOSED

11)  Date company informed

12 JULY 2001

12)  Total holding following this notification

38,201,466 ORDINARY SHARES OF ONE PENCE IN THE FOLLOWING ACCOUNTS:

CLYDESDALE BANK (HEAD OFFICE) NOMINEES LIMITED - 35,807,265
CLYDESDALE BANK (HEAD OFFICE) NOMINEES LIMITED - 2,394,201


13)  Total percentage holding of issued class following this notification

8.18%

14)  Any additional information

15)  Name of contact and telephone number for queries

CAROLINE WEBB - 020 7925 7676

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

CAROLINE WEBB

  Date of notification  16 JULY 2001