Holding(s) in Company

Allergy Therapeutics Ltd
15 October 2004


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Allergy Therapeutics plc

2. Name of shareholder having a major interest

Universities Superannuations Scheme 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

-

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

UK Smaller Companies registered under Chase Nominees Ltd (USS)

5. Number of shares / amount of stock acquired

2,397,260

6. Percentage of issued class

3.81%

7. Number of shares / amount of stock disposed

-

8. Percentage of issued class

-

9. Class of security

Ordinary shares

10. Date of transaction

12 October 2004

11. Date company informed

14 October 2004

12. Total holding following this notification

2,397,260

13. Total percentage holding of issued class following this notification

3.81%

14. Any additional information

-

15. Name of contact and telephone number for queries

Ian Postlethwaite - 01903 844721

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

Ian Postlethwaite

Date of notification

15 October 2004

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