Holding(s) in Company

API Group PLC
24 January 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

API GROUP PLC

2) Name of shareholder having a major interest

PRUDENTIAL PLC and certain of its subsidiary companies, namely M&G GROUP
LIMITED, M&G INVESTMENT MANAGEMENT LIMITED, M&G LIMITED and THE PRUDENTIAL
ASSURANCE COMPANY 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

SEE BOX 2

4) Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
REGISTERED HOLDER                                           ACCOUNT                       NUMBER OF SHARES
CHASE NOMS LTD                                              14922                         451,761
CLYDESDALE BK NOMS LTD                                      MGA                           1,737,152
CLYDESDALE BK NOMS LTD                                      MGIN                          527,876
NORTRUST NOMS LTD                                                                         423,239
PRUCLT HSBC GIS NOM (UK)                                    PAC                           1,200,000


5) Number of shares/amount of stock acquired

NOT INFORMED

6) Percentage of issued class

NOT INFORMED

7) Number of shares/amount of stock disposed

NOT INFORMED

8) Percentage of issued class

NOT INFORMED

9) Class of security

ORDINARY 25 PENCE SHARES

10) Date of transaction

NOT INFORMED

11) Date company informed

24 JANUARY 2002

12) Total holding following this notification

4,340,028

13) Total percentage holding of issued class following this notification

12.82%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

ED RICHARDS

01625 858700

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

ED RICHARDS - ASSISTANT COMPANY SECRETARY

Date of notification ...24 JANUARY...2002...



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