Holding(s) in Company

Avon Rubber PLC
18 March 2002



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     AVON RUBBER PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     M&G

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

     NON-BENEFICIAL INTEREST

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

     THE PRUDENTIAL ASSURANCE CO LTD FOR PRUDENTIAL PLC - 1,280,929

5)   Number of shares/amount of stock acquired.

     -

6)   ( - %) of issued Class

7)   Number of shares/amount of stock disposed

     601,721

8)   ( 2.16%) of issued Class

9)   Class of security

     £1 ORDINARY SHARES

10)  Date of transaction

     -

11)  Date company informed

     18/3/02

12)  Total holding following this notification

     1,280,929
               
13)  Total percentage holding of issued class following this notification

     4.60%

14)  Any additional information

     ISSUED SHARE CAPITAL - 27,823,944

15)  Name of contact and telephone number for queries

     JUNE MEADOWS - 01225 861121

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


     Date of Notification 18/3/02

                      This information is provided by RNS
            The company news service from the London Stock Exchange