Holding(s) in Company

Rank Group PLC
18 March 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

THE 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

NOTIFIABLE INTEREST OF COMPANY IN (2) ABOVE AND ITS SUBSIDIARY


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)   ( N/A %) 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 MAR 2002


11)  Date company informed

18 MAR 2002


12)  Total holding following this notification

29,597,964

               
13)  Total percentage holding of issued class following this notification

5.00%

14)  Any additional information



15)  Name of contact and telephone number for queries


CLARE DUFFILL
(TEL: [phone])


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

     Date of Notification .......18 MARCH 2002.................


LETTER TO: THE RANK GROUP PLC

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

This notification supersedes our previous notification to you dated 1 November 
2001 and is prompted by purchases totalling 1,070,000 on 13 March 2002.

This notification relates to issued ordinary shares of GBP0.10 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  We hereby notify you on behalf of Morley Fund Management Limited that 
     immediately after the time when the obligation to make this notification 
     arose Morley Fund Management Limited were interested in 29,597,964 shares.

1.2  The identity of the registered holders of the shares to which this 
     notification relates and the number of shares held by each of them are set 
     out in the appendix below for Morley Fund Management Limited.

2.   Notification on behalf of CGNU plc.

2.1  We hereby notify you on behalf of CGNU plc that immediately after the time 
     when the obligation to make this notification arose CGNU plc were 
     interested in 29,597,964 shares giving the CGNU group a total percentage 
     interest in the shares of 5.00%.

2.2  The identity of the registered holders of the shares to which this 
     notification relates and the number of shares held by each of them are set 
     out in the Appendix below: CGNU plc.


APPENDIX: MORLEY FUND MANAGEMENT LIMITED


REGISTERED HOLDERS                                   NUMBER OF SHARES HELD


BNY Norwich Union Nominees Ltd                       8,733,114  (Material)

Chase GA Group Nominees Ltd                         10,206,665  (Material)

CUIM Nominee Ltd                                     9,868,685  (Material)

RBSTB Nominees Ltd                                     789,500  (Material)


TOTAL PERCENTAGE INTEREST OF MORLEY FUND MANAGEMENT LIMITED: 5.00%

ISSUED SHARE CAPITAL ON WHICH THIS NOTIFICATION IS BASED: 591,888,560



APPENDIX: CGNU PLC


REGISTERED HOLDERS                                   NUMBER OF SHARES HELD


BNY Norwich Union Nominees Ltd                       8,733,114  (Material)

Chase GA Group Nominees Ltd                         10,206,665  (Material)

CUIM Nominee Ltd                                     9,868,685  (Material)

RBSTB Nominees Ltd                                     789,500  (Material)


TOTAL PERCENTAGE INTEREST OF CGNU PLC: 5.00%

ISSUED SHARE CAPITAL ON WHICH THIS NOTIFICATION IS BASED: 591,888,560



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