Holding in Company

Mentmore Abbey Plc
18 July 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     MENTMORE ABBEY PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     LEGAL & GENERAL INVESTMENT MANAGEMENT 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

     

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

     SEE BELOW

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     500,000

8)   ( 0.29%) of issued Class

9)   Class of security

     ORDINARY 10P SHARES

10)  Date of transaction

     14/7/2000

11)  Date company informed

     18/7/2000

12)  Total holding following this notification

     6,704,857
               
              
13)  Total percentage holding of issued class following this notification

     3.90%

14)  Any additional information



15)  Name of contact and telephone number for queries

     CHRISTINE DODSON
     020 8946 3159 

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


     Date of Notification .... 18/7/2000 ............................


LETTER TO MENTMORE ABBEY PLC

COMPANIES ACT 1985 - DISCLOSURE OF INTEREST IN SHARES

Consequent upon a sale in the market of 500,000 shares on the 14 July 2000, we
now hold the following number of shares which are not subject to a concert party
and will be registered as follows:

Material Interest

HSBC Global Custody Nominee (UK) Ltd A/c 747381      164,001
HSBC Global Custody Nominee (UK) Ltd A/c 775245    1,826,657
HSBC Global Custody Nominee (UK) Ltd A/c 360509      147,530
HSBC Global Custody Nominee (UK) Ltd A/c 866203       42,000
HSBC Global Custody Nominee (UK) Ltd A/c 357206    4,315,110
HSBC Global Custody Nominee (UK) Ltd A/c 363605      209,559

                                                   6,704,857    3.91% 

Please note that this percentage is based on our understanding that your issued
share capital is 171,274,383.

LETTER FROM LEGAL & GENERAL INVESTMENT MANAGEMENT