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Vardy(Reg) PLC (VDY)

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Friday 04 May, 2001

Vardy(Reg) PLC

Holding in Company

Vardy(Reg) PLC
4 May 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company
Reg Vardy plc


2)   Name of shareholder having a major interest
AEGON UK plc Group of Companies (being Scottish Equitable plc, Scottish
Equitable (Managed Funds) Ltd, AEGON Fund Management UK Ltd, AEGON Investment
Management UK Ltd, AEGON Asset Management UK plc, Scottish Equitable Trustees
Ltd, Guardian Assurance plc, Guardian Linked Life Assurance Ltd, Guardian
Pensions Management Ltd and Guardian Unit Managers Ltd.


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
As above


4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them
Royal Bank of Scotland Trust Nominees Ltd     2,970,069

Chase Nominees Ltd (LEND a/c)                   425,483

TOTAL                                         3,395,552


5)   Number of shares/amount of stock acquired
nil


6)   Percentage of issued class
nil%


7)   Number of shares/amount of stock disposed
95,600


8)   Percentage of issued class
0.165%


9)   Class of security
Ordinary Shares of 10p


10)  Date of transaction
03/05/2001


11)  Date company informed
04/05/2001


12)  Total holding following this notification
3,395,552


13)  Total percentage holding of issued class following this notification
5.871%


14)  Any additional information



15)  Name of contact and telephone number for queries
Jason Brine (Tel: 0191 516 3612)


16)  Name and signature of authorised company official responsible for
     making this notification
Jason Brine, Company Secretary


     Date of notification

04/05/2001