Holding in Company

Young & Co's Brewery PLC
16 February 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     YOUNG & CO.'S BREWERY, PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     UBS ASSET MANAGEMENT LIMITED AND PHILLIPS AND DREW LIFE LIMITED

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

     SHAREHOLDER

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

     VARIOUS ACCOUNTS
     SEE BELOW

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     23,000

8)   (0.79%) of issued Class

9)   Class of security

     'A' ORDINARY SHARES OF 50P

10)  Date of transaction

     UNKNOWN

11)  Date company informed

     16.02.01

12)  Total holding following this notification

     489,508
               
              
13)  Total percentage holding of issued class following this notification

     16.84

14)  Any additional information



15)  Name of contact and telephone number for queries

     MR C.J. TAYLOR
     020 8875 7000

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

     Date of Notification ...16 FEBRUARY 2001.....................

TOTAL ISSUED SHARE CAPITAL: 2,906,400
                                                        QUANTITY
NAME
CITY OF EDINBURGH COUNCIL   A/C LTH4                    77,500

NORTHERN TRUST CO           A/C NTH1                    65,000

PHILDREW NOMINEES LIMITED   A/C CC                      45,000

PHILDREW NOMINEES LIMITED   A/C CE                       7,000

PHILDREW NOMINEES LIMITED   A/C IA                      29,800

PHILDREW NOMINEES LIMITED  A/C LF20                    109,400

PHILDREW NOMINEES LIMITED  A/C SR                       30,000

PHILDREW NOMINEES LIMITED   A/C SRB                     10,000

PHILDREW NOMINEES LIMITED   A/C SH                      20,000

PHILDREW NOMINEES LIMITED   A/C TW                      84,308

PHILDREW NOMINEES LIMITED   A/C UM                       7,000

PHILDREW NOMINEES LIMITED   A/C WP                       4,500
                                                      ----------
                                                       489,508
                                                      ----------
                                                        16.84%