Holding(s) in Company

Walker Greenbank PLC
21 May 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

WALKER GREENBANK PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

PALMCO LLP

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 2 ABOVE

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

PALMCO LLP 

5)   Number of shares/amount of stock acquired.

1,450,000

6)   (2.45%) of issued Class

7)   Number of shares/amount of stock disposed

-

8)   ( N/A %) of issued Class

-

9)   Class of security

1P ORDINARY SHARES

10)  Date of transaction

17/05/02

11)  Date company informed

20/05/02

12)  Total holding following this notification

10,251,214
               
13)  Total percentage holding of issued class following this notification

17.37%

14)  Any additional information

THE NOTIFICATION MADE ON 16TH MAY 2002 RE MONTPELLIER GROUP PLC WAS INCORRECT
AND SHOULD HAVE REFERRED TO PALMCO LLP AS THE BENEFICIAL HOLDER.  THE TOTAL
SHARES COMPRISED IN THIS NOTICE INCLUDES THE TOTAL SHARES IN THE NOTICE MADE
ON 16TH MAY 2002.

15)  Name of contact and telephone number for queries

JULIAN WILSON                  08708 300365

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

     Date of Notification ..21ST MAY 2002..............

                      This information is provided by RNS
            The company news service from the London Stock Exchange