Holding in Company

Victrex PLC
9 February 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VICTREX PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     DEUTSCHE BANK

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



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

     NO LONGER HOLD NOTIFIABLE INTEREST (SEE BELOW)

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security



10)  Date of transaction



11)  Date company informed

     6.2.01

12)  Total holding following this notification


               
              
13)  Total percentage holding of issued class following this notification



14)  Any additional information



15)  Name of contact and telephone number for queries

     JOAN LITTLEWOOD: [phone]

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

     Date of Notification: 9TH FEB 2001




Letter to: Victrex plc
Letter dated: 2 February 2001

Further to our letter of 2 January 2001, and in accordance with Section 198-202
of the Companies Act 1985, we are writing on behalf of Deutsche Bank AG to
inform you that, on the basis that the relevant issued share capital of your
company is 78,766,373 ordinary shares, Deutsche Bank AG, London no longer has a
notifiable interest in the ordinary shares of Victrex plc.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany, of which
Deutsche Bank AG London is a branch.

If you require any further information concerning this notification, please
contact David Lindsay or Cheryl Slater in the Compliance Department of Deutsche
Bank AG London.


Letter from: Deutsche Bank AG