Holding in Company

API Group PLC
6 November 2001


                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

API GROUP PLC

2)   Name of shareholder having a major interest

STANDARD LIFE INVESTMENTS

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

STANDARD LIFE GROUP


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


SEE BOX 2


5)   Number of shares/amount of stock acquired

N/A

6)   Percentage of issued class

N/A

7)   Number of shares/amount of stock disposed

250,000

8)   Percentage of issued class




9)   Class of security

ORDINARY 25P SHARES

10)  Date of transaction

5 NOVEMBER 2001

11)  Date company informed

6 NOVEMBER 2001

12)  Total holding following this notification


1,244,506

13)  Total percentage holding of issued class following this notification

3.676%

14)  Any additional information

N/A

15)  Name of contact and telephone number for queries

ED RICHARDS - 01625 858 700



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


ED RICHARDS - ASSISTANT COMPANY SECRETARY


     Date of notification .......6 NOVEMBER...2001.....