Holding in Company

Bunzl PLC
3 August 2000


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
BUNZL PLC

2   Name of shareholder having a major interest:
CGNU PLC

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:
CGNU PLC AND CERTAIN OF ITS SUBSIDIARIES


4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
MORELY FUND MANAGEMENT LTD               14,056,413
NORWICH UNION INVESTMENT MANAGEMENT LTD      44,225
                                        ___________
                                         14,100,638
                                         __________ 


5   Number of shares/amount of stock acquired:
N/A

6   Percentage of issued class:
N/A

7   Number of shares/amount of stock disposed:
N/A

8   Percentage of issued class:
N/A

9   Class of security:
ORDINARY SHARES OF 25P

10  Date of transaction:
N/A

11  Date company informed:
3 AUGUST 2000

12  Total holding following this notification:
14,100,638

13  Total percentage holding of issued class following this notification:
3.1%

14  Contact name for queries:
MRS C MEYER

15 Contact telephone number:
020-7495-4950

16  Name of company official responsible for making notification:
MR P N HUSSEY, COMPANY SECRETARY AND GROUP LEGAL ADVISER

17  Date of notification:
3 AUGUST 2000


Additional Information:
NOTIFICATION FOLLOWS MERGER OF CGU LTD AND NORWICH UNION PLC.