Holding(s) in Company

Swallowfield PLC
22 January 2003


Swallowfield plc announces that it was informed on 22 January 2003 that Hunter
Hall Global Ethical Trust purchased 173,633 ordinary shares in the Company on 21
January 2003. The Hunter Hall Global Ethical Trust is now interested in 640,633
ordinary shares representing approximately 5.69 per cent. of the entire issued
share capital.


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