Holding in Company

Hornby PLC
15 November 2001




Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Hornby Plc

2   Name of shareholder having a major interest:
Electra Quoted Partners

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


5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
25,000

8   Percentage of issued class:
0.34

9   Class of security:
5p Ordinary Shares

10  Date of transaction:
14 November 2001

11  Date company informed:
15 November 2001

12  Total holding following this notification:
719,030

13  Total percentage holding of issued class following this notification:
9.91

14  Contact name for queries:
Mr J W Stansfield

15 Contact telephone number:
01843 233505

16  Name of company official responsible for making notification:
Mr J W Stansfield

17  Date of notification:
15 November 2001


Additional Information: