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Walker Greenbank (WGB)

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Thursday 11 October, 2001

Walker Greenbank

Holding in Company

Walker Greenbank PLC
11 October 2001



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     WALKER GREENBANK PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PETER GYLLENHAMMAR

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

     AS 2 ABOVE

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

     PETER GYLLENHAMMAR - 4,550,000
     UNION PLC          -   500,000

5)   Number of shares/amount of stock acquired.

     5,050,000

6)   (8.95%) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 1p

10)  Date of transaction

     11 OCTOBER 2001

11)  Date company informed

     11 OCTOBER 2001

12)  Total holding following this notification

     5,050,000
               
13)  Total percentage holding of issued class following this notification

     8.95%

14)  Any additional information



15)  Name of contact and telephone number for queries

     JULIAN B WILSON, COMPANY SECRETARY - 01442-234666

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

     Date of Notification ...11 OCTOBER 2001