Holding in Company

Renold PLC
8 January 2002


SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company :

RENOLD plc

2) Name of shareholder having a major interest :

LOWLAND INVESTMENT COMPANY 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 :

Above Shareholder

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

RBSTB NOMINEES LIMITED a/c LOWL

5) Number of shares/amount of stock acquired :

500,000

6) Percentage of issued class :

0.72

7) Number of shares/amount of stock disposed :



8) Percentage of issued class :



9) Class of security :

ORDINARY 25p SHARES

10) Date of transaction :

4 JANUARY 2002

11) Date company informed :

8 JANUARY 2002

12) Total holding following this notification :

3,950,000

13) Total percentage holding of issued class following this notification :

5.70

14) Any additional information :



15) Name of contact and telephone number for queries :

Keith Dracup 0161-498-4521

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

G R Newton
Company Secretary

Date of notification 8 January 2002