Holding in Company

Mentmore Abbey Plc
25 October 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     MENTMORE ABBEY PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     LEGAL & GENERAL INVESTMENT MANAGEMENT LTD

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

     100,000

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY 10p SHARES

10)  Date of transaction

     9/10/01

11)  Date company informed

     24/10/01

12)  Total holding following this notification

     7,130,149
               
13)  Total percentage holding of issued class following this notification

     3.93%

14)  Any additional information



15)  Name of contact and telephone number for queries

     CHRIS DODSON
     0208879 4624

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

     Date of Notification  25/10/01



Letter to Mentmore Abbey plc

Dated 10 October, 2001

Companies Act 1985 - Disclosure of Interest in shares

Consequent upon a sale in the market of 100,000 shares on the 09 October 2001, 
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 887711        780,000
HSBC Global Custody Nominee (UK) Ltd A/c 775245      1,226,657
HSBC Global Custody Nominee (UK) Ltd A/c 360509        147,530
HSBC Global Custody Nominee (UK) Ltd A/c 357206      4,478,403
HSBC Global Custody Nominee (UK) Ltd A/c 747381        178,000
HSBC Global Custody Nominee (UK) Ltd A/c 363605        189,559
HSBC Global Custody Nominee (UK) Ltd A/c 866203        130,000
                                                     ---------    -----
                                                     7,130,149    3.94%
                                                     =========    =====


Please note that this percentage is based on our understanding that your issued 
share capital is 180,749,000.

Letter from Legal & General Investment Management Limited