Holding in Company

Rank Group PLC
24 August 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

RANK GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

CGNU 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

NO LONGER A NOTIFIABLE INTEREST OF COMPANY IN (2)


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


SEE LETTER 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 SHARES


10)  Date of transaction

21 AUG 2001


11)  Date company informed

24 AUG 2001


12)  Total holding following this notification

17,716,989

               
13)  Total percentage holding of issued class following this notification

2.99%


14)  Any additional information



15)  Name of contact and telephone number for queries

CLARE DUFFILL
020 7535 8133


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

     Date of Notification ...20 AUG 2001.....................



THE RANK GROUP PLC (THE 'COMPANY') - SEDOL 0724076

This notification supersedes our previous notification to you dated 12 April
2001.

This notification relates to issued ordinary shares of GBPO.10 each in the
capital of the Company (the 'shares') and is given in fulfilment of the
obligations imposed by sections 198 to 202 of the Companies Act 1985 (the
'Act').

1.    Notification on behalf of Morley Fund Management Limited (a subsidiary of 
      CGNU Plc).

1.1   Morley Fund Management Limited no longer have a notifiable interest in the
      shares.

2.    Notification on behalf of CGNU plc.

2.1   CGNU plc no longer have a notifiable interest in the shares.

We are only required to notify interests which are defined as material interests
when the holding is equal to 3% or more or the company's relevant share capital.
The term material interests exclude certain categories where we do not hold a
beneficial interest, for example where the shares are held in an Authorised Unit
Trust Scheme or Open Ended Investment Company. Holdings in those categories are
therefore not included in the holding notified under this letter. 

Margaret Watts
For and on behalf of CGNU plc



THE COMPANY SECRETARY                                21 AUGUST 2001
THE RANK GROUP PLC

APPENDIX: MORLEY FUND MANAGEMENT LIMITED 

REGISTERED HOLDER                        NUMBER OF SHARES HELD

BNY Norwich Union Nominees Ltd             8,836,481 (Material) 
Chase GA Group Nominees Ltd                3,700,369 (Material) 
Chase Nominees Ltd                            19,275 (Material) 
CUIM Nominee Ltd                           5,160,864 (Material)

TOTAL PERCENTAGE INTEREST OF MORLEY FUND MANAGEMENT LIMITED: 2.99% 
ISSUED SHARE CAPITAL ON WHICH THIS NOTIFICATION IS BASED: 591,874,084




THE COMPANY SECRETARY                                21 AUGUST 2001
THE RANK GROUP PLC



APPENDIX: CGNU PLC 

REGISTERED HOLDERS                       NUMBER OF SHARES HELD

BNY Norwich Union Nominees Ltd            8,836,481 (Material)
Chase GA Group Nominees Ltd               3,700,369 (Material)
Chase Nominees Ltd                           19,275 (Material)
CUIM Nominee Ltd                          5,160,864 (Material)

TOTAL PERCENTAGE INTEREST OF CGNU PLC: 2.99% 
ISSUED SHARE CAPITAL ON WHICH THIS NOTIFICATION IS BASED: 591,874,084