Holding(s) in Company

API Group PLC
7 March 2002


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

API GROUP PLC

2) Name of shareholder having a major interest

ARTEMIS INVESTMENT MANAGEMENT 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

ARTEMIS UK SMALLER COMPANIES FUND


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

07 MARCH 2002

12) Total holding following this notification

1,975,000

13) Total percentage holding of issued class following this notification

5.83%

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 ...07 MARCH...2002...



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