Hldg in Co./Director Shrhldg

Cohen(A.) & Co PLC
28 July 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     A COHEN & CO PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     ROYCE RITCHIE   

     NON-FERRAL (UK) 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

     HOLDING OF SHAREHOLDER

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

     NONFERRAL (UK) LIMITED: 160,000 ORDINARY (20.19%)

     MELBASE LIMITED: 22,500 ORDINARY

5)   Number of shares/amount of stock acquired.

     182,500

6)   (23.03%) of issued Class

7)   Number of shares/amount of stock disposed

     NIL

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY

10)  Date of transaction

     25/7/2000

11)  Date company informed

     27/7/2000

12)  Total holding following this notification

     182,500
               
              
13)  Total percentage holding of issued class following this notification

     23.03%

14)  Any additional information



15)  Name of contact and telephone number for queries

     A.R. GORDON: 020 7450 4562

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

     Date of Notification .....28 JULY 2000..........





                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    A. COHEN & CO. PLC

2)  NAME OF DIRECTOR

    ROYCE RITCHIE

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    HOLDING OF SHAREHOLDER

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

    NONFERRAL (UK) LIMITED: 160,000 ORDINARY

    MELBASE LIMITED: 22,500 ORDINARY

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    NONFERRAL (UK) LIMITED

    MELBASE LIMITED

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    PURCHASE

7)  Number of shares/amount of
    stock acquired

    182,500

8)   (23.03% )
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (NIL% )
   of issued Class

11) Class of security

    ORDINARY

12) Price per share

    50p

13) Date of transaction

    25/7/2000

14) Date company informed

    27/7/2000

15) Total holding following this notification

    182,500

16) Total percentage holding of issued class following this notification

    23.03%

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    A.R. GORDON: 020 7450 4562

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

    Date of Notification......28 JULY 2000.........