Holding(s) in Company

Molins PLC
14 July 2004

                             SECTION 198 COMPANIES ACT 

                                 INTEREST IN SHARES 

                                       UBS AG

Molins PLC announces that it was advised on 13 July 2004 by UBS AG that 'as at
the close of its business on 12 July 2004, UBS Investment Bank, ('UBS'), a
business group of UBS AG no longer had a notifiable interest in the ordinary
shares of Molins Plc'.

Enquiries: Molins PLC     Tel: [phone]


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