Holding in Company

Ocean Wilsons Holdings Ld
22 September 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     OCEAN WILSONS HOLDINGS LIMITED

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     DESSARROLLO GENERAL NAVIERA S/A

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

     AS ABOVE 

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

     BATH STREET NOMINEES      410,000
     NUTRACO NOMINEES LTD    1,563,000

5)   Number of shares/amount of stock acquired.

     100,000

6)   ( 0.3%) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES

10)  Date of transaction

     14/09/00

11)  Date company informed

     22/09/00

12)  Total holding following this notification

     1,973,000               
              
13)  Total percentage holding of issued class following this notification

     5.26%

14)  Any additional information

     NONE

15)  Name of contact and telephone number for queries

     K MIDDLETON   00.207.917-9670

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

     Date of Notification ... 22/09/2000 .........