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Union PLC (UDIS)

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Thursday 23 November, 2000

Union PLC

Holding in Company

Union PLC
22 November 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

UNION PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

ROY NOMINEES 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



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

BANK JULIUS BAER CLIENT      - 110,000
RBC INVESTMENT M/MENT        - 750,000
RBC JERSEY ACCOUNT           - 200,000
LLOYDS TSB BANK PLC (GENEVA) -  20,000


5)   Number of shares/amount of stock acquired.


6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

1,548,656

8)   ( 2.06% ) of issued Class

9)   Class of security

ORDINARY 25 PENCE SHARES

10)  Date of transaction

NOT KNOWN

11)  Date company informed

22ND NOVEMBER 2000

12)  Total holding following this notification

1,080,000
               
              
13)  Total percentage holding of issued class following this notification

1.44%

14)  Any additional information



15)  Name of contact and telephone number for queries

KATHRYN DAVENPORT
020 7623 1020

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

     Date of Notification ....22ND NOVEMBER 2000...