Holding in Company

Leeds Group PLC
16 May 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

LEEDS GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

ACORN INCOME FUND 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

SHAREHOLDER NAMED IN 2

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

FOREST NOMINEES LIMITED

5)   Number of shares/amount of stock acquired.

77,852

6)   (0.21%) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY 25P SHARES

10)  Date of transaction



11)  Date company informed

16-05-01

12)  Total holding following this notification

2,011,077
               
              
13)  Total percentage holding of issued class following this notification

6.49%

14)  Any additional information



15)  Name of contact and telephone number for queries

MRS D H BOWLER
01943 876222

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

     Date of Notification ........16 MAY 2001........