Holding in Company

Ocean Wilsons Holdings Ld
4 October 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

OCEAN WILSONS HOLDINGS LIMITED

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

FINSBURY TRUST PLC

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.

BANK OF NEW YORK NOMINEES LIMITED

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 SHARES

10)  Date of transaction



11)  Date company informed

3 OCTOBER 2001

12)  Total holding following this notification

9,352,770
               
13)  Total percentage holding of issued class following this notification

26,45%

14)  Any additional information

INCREASE IN SHAREHOLDING FOLLOWING COMPANY SHARE BUYBACKS

15)  Name of contact and telephone number for queries

K. MIDDLETON   55.21.2206-4160

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

     Date of Notification ....4 OCTOBER 2001