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Brambles Industries (BI.)

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Thursday 16 August, 2001

Brambles Industries

Holding in Company

Brambles Industries PLC
16 August 2001

                                 SCHEDULE 10


1)   Name of company

     Brambles Industries plc

2)   Name of shareholder having a major interest

     CGNU plc

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

     CGNU plc has a material interest in 3.49% of the current issued share

     capital of Brambles Industries plc. The remainder is held in categories

     where CGNU plc does not hold a beneficial interest.

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

     See list appended

5)   Number of shares/amount of stock acquired


6)   Percentage of issued class


7)   Number of shares/amount of stock disposed


8)   Percentage of issued class


9)   Class of security

     Ordinary shares of 5p each

10)  Date of transaction


11)  Date company informed

     15 August 2001

12)  Total holding following this notification


13)  Total percentage holding of issued class following this notification


14)  Any additional information

     This represents the initial interest of CGNU plc in the

     shares of Brambles Industries plc on its introduction to the

     Official List.

15)  Name of contact and telephone number for queries

     Lorraine Young - 020 7659 6020

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

     Lorraine Young, Company Secretary

     Date of notification 16 August 2001

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