Holding(s) in Company

Avon Rubber PLC
9 October 2003



                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     AVON RUBBER PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     SCHRODER 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

     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.

      SEE BELOW LETTER

5)   Number of shares/amount of stock acquired.

      -

6)   Percentage of issued Class
      -

7)   Number of shares/amount of stock disposed
       52225

8)   Percentage of issued Class
       0.18%

9)   Class of security

      £1 ORDINARY SHARES

10)  Date of transaction

     NOT ADVISED

11)  Date company informed

      9/10/03

12)  Total holding following this notification

      4,432,445
               
13)  Total percentage holding of issued class following this notification

      15.930%

14)  Any additional information

      TOTAL ISSUED SHARE CAPITAL
      27,823,944

15)  Name of contact and telephone number for queries
             
      PETER J. FAIRBAIRN
      01225 861160

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

     Date of Notification ...9/10/2003.....................


Letter to Avon Rubber
Dated:  08 October 2003

£1.00 ORDINARY SHARES ('SHARES')

We write to advise you that we Schroder Investment Management Limited, have an
interest in 4,432,445 shares.  These shares are held in (a) unit trust(s) 
operated and managed by an affiliated company, Schroder Unit Trusts Limited 
(SUTL), and registered or to be registered in the name of Chase Nominees Limited.

We believe that our interest represents some 15.930% of the total number of 
shares in issue, namely 27,823,944.

This notification is made to you:-

(a)  in respect of our interest as investment managers.

(b)  on behalf of SUTL in relation to the interests they are treated as having 
     respectively under the Companies Act 1985 (the Act), and

(c)  on behalf of Schroders plc, our holding company, which is treated as having
     an interest in all of the above shares under the Act by virtue of its 
     ownership of SUTL and ourselves.

We shall be grateful if you will also confirm the total number of shares 
currently is issue.


Letter from:  Schroder Investment Management Limited



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