Holding(s) in Company

Alumasc Group PLC
24 May 2004

                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     THE ALUMASC GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     FRAMLINGTON INVESTMENT MANAGEMENT

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.

     HSBC NOMINEES 811640        700,000
     HSBC NOMINEES 849503        540,000
     HSBC NOMINEES 811597      3,209,684
     HSBC NOMINEES 811469        725,000


5)   Number of shares/amount of stock acquired.

     NOT KNOWN

6)   Percentage of issued Class

     NOT KNOWN

7)   Number of shares/amount of stock disposed

     N/A

8)   Percentage of issued Class

     N/A

9)   Class of security

     ORDINARY 12.5P

10)  Date of transaction

     21.05.04

11)  Date company informed

     24.05.04

12)  Total holding following this notification

     5,174,684
               
13)  Total percentage holding of issued class following this notification

     14.86%

14)  Any additional information



15)  Name of contact and telephone number for queries

     PATRICIA KINGDOM
     01536 383844

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

     Date of Notification ........................





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