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Cape PLC (CIU)

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Wednesday 17 January, 2001

Cape PLC

Holding in Company

Cape PLC
17 January 2001

On 17th January 2001 Schroder Investment Management Limited notified Cape PLC
that they have an interest of 8,762,500 ordinary shares of 25p which are held in
portfolios managed by them on a discretionary basis for clients under investment
management agreements.  This interest represents 16.129% of the company's issued
share capital.

For further information please contact Mr S H Smith, Company Secretary, Cape
PLC, Iver Lane, Uxbridge, Middlesex UB8 2JQ.  Telephone 01895 463243.