12 November 2001
LETTER TO COMPANY ANNOUNCEMENTS OFFICE
GKN plc Ordinary 50p Shares
Notification of Major Interest in Shares
In accordance with Stock Exchange requirements, we are writing to advise you
that we received today a joint notification from CGNU plc and Morley Fund
Management Limited (a subsidiary of CGNU plc) under section 198 of the Companies
Act 1985 that they cease to have a notifiable interest in the issued share
capital of GKN plc.
CGNU plc and Morley Fund Management Ltd notified us that they had decreased
their material interests as at 9 November 2001 to 21,045,959 ordinary shares
representing 2.91% of the issued share capital as at todays date.
The total holding of the CGNU plc Group, including Morley Fund Management
Limited, was previously notified as at 10 May 2001 at 3.02%.
CGNU plc is a holding company for a number of subsidiary companies who have a
non-beneficial interest in the shares as discretionary investment managers.
LETTER FROM GKN PLC