Holding(s) in Company

R.E.A.Hldgs PLC
19 February 2004


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

R.E.A. Holdings plc

2. Name of shareholder having a major interest

Alcatel Bell Pensioenfonds V.Z.W.

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

In respect of shareholder named in 2 above

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

Not known

5. Number of shares / amount of stock acquired

233,155 Ordinary Shares of 25p

6. Percentage of issued class

1.19%

7. Number of shares / amount of stock disposed

8. Percentage of issued class

9. Class of security

Ordinary Shares of 25p

10. Date of transaction

Not known


11. Date company informed

19 February 2004

12. Total holding following this notification

1,614,094

13. Total percentage holding of issued class following this notification

8.26%

14. Any additional information

15. Name of contact and telephone number for queries

John Oakley 0207 419 0100

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

Jeremy Robinow

Date of notification

19 February 2004

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