Holding in Company

Holidaybreak PLC 3 January 2001 Companies Act 1985 (as amended) (the 'Act') Disclosure of Interest in Shares On 2 January 2001, Holidaybreak plc received the following notification from M&G Investment Management Ltd of Laurence Pountney Hill, London EC4R 0HH pursuant to Part VI of the Act: that with effect from close of business on 31 December 2000, the regulated business of M&G Investment Management Limited('MAGIM') was transferred to Prudential Portfolio Managers Limited ('PPM') and that the latter was renamed as M&G Investment Management Limited on 2 January 2001; that with effect from 28 December 2000, the life and pensions business of M&G Life Assurance Company Limited and M&G Pensions and Annuity Company Limited respectively was transferred to Scottish Amicable Life plc and with effect from 2 January 2001, all notifications would therefore identify Scottish Amicable Life plc as the operator of all former M&G life and pension funds; that the interests currently held by Prudential plc and certain of its subsidiary companies, which reflects the recent changes to the investment management business of M&G are as specified below: Class of share: Ordinary shares 5p Current issued share capital: 45,841,639 Registered Holder Holding % ----------------- ---------- Prudential plc Prudential Client HSBC 1,900,007 4.15 GIS Nominee (UK) PAC A/C _________ 1,900,007 The Prudential Assurance Prudential Client HSBC 1,900,007 4.15 Company Limited GIS Nominee (UK) PAC A/C _________ 1,900,007
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