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UCM Group PLC (UCM)

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Thursday 12 July, 2001

UCM Group PLC

Holding in Company

UCM Group PLC
12 July 2001

                        UCM Group plc ('the Company')

                              Holding in Company




The Company was notified on 12 July 2001 by Friends Ivory & Sime plc ('FIS')
that following a purchase of 300,000 of the Company's ordinary 5p shares
('Ordinary Shares') on 10 July 2001, FP Stewardship Income Trust ('FPS'), a
client of FIS has an interest in 1,300,000 Ordinary Shares representing 5.43
per cent. of the issued Ordinary Share capital.


The Ordinary Shares held by FPS are registered in the name of Citifriends
Nominees.


12 July 2001