Holding in Company

Smith(David S)(Holdings) PLC
6 November 2000


TO: COMPANY ANNOUNCEMENTS

We write to advise you that Deutsche Bank AG have notified the Company that
they are interested in a total of 32,101,541 ordinary shares of 10p each
representing 10.00%(previously under 10% so not notifiable) of the Company's
total issued share capital.

FROM: STUART RUSSELL - COMPANY SECRETARY