Holding in Company

Spirax-Sarco Engineering PLC
16 November 2000

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company

SPIRAX SARCO ENGINEERING PLC



2) Name of shareholder having a major interest

BRITANNIC ASSET MANAGEMENT



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 clients whose portfolios are managed by the shareholders named
in BRITANNIC ASSET MANAGEMENT



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

CHASE NOMINEES LIMITED



5) Number of shares/amount of stock acquired

Not Stated


6) Percentage of issued class
Not Stated


7) Number of shares/amount of stock disposed
2,540,656


8) Percentage of issued class
3.4523%


9) Class of security
ORDINARY


10) Date of transaction
NOT KNOWN


11) Date company informed
14.11.00


12) Total holding following this notification
3,501,477



13) Total percentage holding of issued class following this notification
4.7579%


14) Any additional information



15) Name of contact and telephone number for queries
AMANDA NOONAN

MERRILL LYNCH

TEL: [phone]


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


Date of notification 15th NOVEMBER 2000