Holding in Company

Mentmore Abbey Plc
10 December 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     MENTMORE ABBEY PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     ZURICH SCUDDER INVESTMENTS

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)   ( - %) of issued Class

7)   Number of shares/amount of stock disposed

     -

8)   ( - %) of issued Class

9)   Class of security

     ORDINARY 10P SHARES

10)  Date of transaction

     7 DECEMBER 2001

11)  Date company informed

     10 DECEMBER 2001

12)  Total holding following this notification

     9,309,623
               
13)  Total percentage holding of issued class following this notification

     5.13%

14)  Any additional information



15)  Name of contact and telephone number for queries

     CHRIS DODSON       020 8879 4624

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

     Date of Notification .......10 DECEMBER 2001.................



ZURICH SCUDDER INVESTMENTS

                              Mentmore Abbey Plc

Registered Owner                                            Ordinary 10p Shares

Littledown Nominees Limited          A/c     21667                  530,000 
Littledown Nominees Limited          A/c     07203                1,000,000
Littledown Nominees Limited          A/c     07197                  520,000 
Littledown Nominees Limited          A/c     05576                6,847,642
Littledown Nominees Limited          A/c     05577                  411,981
    
TOTAL                                                             9,309,623


Notes

Littledown Nominees Ltd. is a nominee for the ZFS Group subsidiaries: Allied 
Dunbar Assurance Plc, Zurich Financial Services UK (AD) Pension Scheme; Eagle 
Star Insurance Company Ltd; Eagle Star Life Assurance Company Ltd; Zurich 
Financial Services UK Pension Trustee Limited; Eagle Star Executives Pension 
Trustee Ltd; Eagle Star Securities Ltd; Sceptre Trust Ltd; Home & Overseas 
Insurance Company Ltd; Zurich Scudder Pension Managers Ltd; and J.P. Morgan 
Trustee and Depositary Company Ltd, the Trustee for Eagle Star Unit Managers Ltd
and the Depository to Threadneedle Investment Funds ICVC.

ZFS is Zurich Financial Services, a company incorporated in Switzerland.

This notification, is made on behalf of:     

Allied Dunbar Assurance Plc;

Eagle Star Life Assurance Company Ltd and Eagle Star Holdings Limited;

Zurich Scudder Investments Ltd, Zurich Scudder Pension Managers Ltd and Zurich 
Scudder Investments Holdings Ltd;

Allied Zurich Holdings Ltd, Zurich Scudder Investments Inc, ZKI Holding 
Corporation, Zurich Financial Services (UKISA) Ltd, Zurich Group Holding, Zurich
Holding Company of America Inc, Zurich Insurance Company and Allied Zurich Plc, 
the intermediate holding companies of the aforementioned companies, and Zurich 
Financial Services, their ultimate holding company.

The shares could be available for lending and this could lead to a short term 
re-registration.