Holding(s) in Company

Derwent Valley Holdings PLC
9 August 2002



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     DERWENT VALLEY HOLDINGS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     AVIVA 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



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

     BNY NORWICH UNION NOMINEES LTD                658,741
     CHASE GA GROUP NOMINEES                       788,844
     CUIM NOMINEES                                 513,995
     RBSTB NOMINEES                                 49,401
                                                ----------
                                                 2,010,981

5)   Number of shares/amount of stock acquired.

     N/A

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     N/A

8)   ( N/A %) of issued Class

9)   Class of security

     5P ORDINARY SHARES

10)  Date of transaction

     N/A

11)  Date company informed

     8TH AUGUST 2002

12)  Total holding following this notification

     2,010,981
               
13)  Total percentage holding of issued class following this notification

     4.01%

14)  Any additional information

     

15)  Name of contact and telephone number for queries

     C.J. ODOM      020 7659 3000

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

     Date of Notification .......9TH AUGUST 2002.................




                      This information is provided by RNS 
            The company news service from the London Stock Exchange 

END 

HOLBDGDILSGGGDC