Holding(s) in Company

Hornby PLC
15 November 2004

Hornby Plc (the 'Company')

Holding in Company

On 15 November, the Company was informed that Scottish Widows Investment
Partnership Ltd is interested in 1,607,787 ordinary shares of 1p each. Of this
interest, 1,438,490 shares are material interests, which represent 3.87% of the
relevant share capital, and constitutes a notifiable interest for the purposes
of Part VI of the Companies Act 1985.

These shareholdings are registered in the names of:


                                                          Number of shares:
State Street Nominees A/C XBY2                                      338,750
State Street Nominees A/C W32L                                      108,790
State Street Nominees A/C W33H                                      302,870
State Street Nominees A/C XBJ2                                      346,140
State Street Nominees A/C XBY4                                      164,770
State Street Nominees A/C W39N                                            0
State Street Nominees A/C XBK6                                      177,170
Total                                                             1,438,490

This notification is made on behalf of Lloyds TSB Group plc, Lloyds TSB Bank plc
and Scottish Widows Group Limited who are deemed to be interested in these
shares as, like Scottish Widows Investment Partnership, they are all companies
within the Lloyds TSB Group of Companies.

For further information please contact John Stansfield: 01843 233505

Date of notification: 15 November 2004




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