Holding in Company

Seascope Shipping Holdings PLC
30 October 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     SEASCOPE SHIPPING HOLDINGS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     CASTLE TRUST AND MANAGEMENT SERVICES LTD

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

     HOLDING IN RESPECT OF SHAREHOLDER NAMED IN 2

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

     CASTLE TRUST AND MANAGEMENT SERVICES LTD

5)   Number of shares/amount of stock acquired.

     53000 ORD SHARES

6)   ( 0.31%) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF £0.10 PER SHARE

10)  Date of transaction

     30/10/01

11)  Date company informed

     30/10/01

12)  Total holding following this notification

     1,406,707 SHARES
               
13)  Total percentage holding of issued class following this notification

     8.18%

14)  Any additional information



15)  Name of contact and telephone number for queries

      D.E.P. WALTER   020 7903 2727

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

     Date of Notification ..... 30 OCTOBER 2001