Substantial Shareholding

Walker Greenbank PLC
28 November 2005


For immediate release                                           28 November 2005

                              WALKER GREENBANK PLC
                     ('Walker Greenbank' or 'the Company')

                            Substantial Shareholding


Further to a letter dated 28 November 2005, the Company was informed that
following a sale of shares on 25 November 2005 The Union Discount Company of
London Limited no longer holds a notifiable interest in the ordinary share
capital of the Company.


For further information:

 Walker Greenbank PLC                                               01908 658089
 John Sach, Chief Executive
 Julian Wilson, Company Secretary

 Teather & Greenwood                                               020 7426 9000
 Mark Dickenson
 Robert Naylor

 Buchanan Communications                                           020 7466 5000
 Mark Court/ Suzanne Brocks/ Elly Williamson




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