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Havelock Europa PLC (HVE)

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Monday 14 January, 2002

Havelock Europa PLC

Holding(s) in Company

Havelock Europa PLC
14 January 2002

HAVELOCK EUROPA PLC
14 JANUARY 2002

Havelock Europa Plc ('the Company')

The Company has been informed by letter, dated 11 January 2002, that
Prudential plc (together with the segregated funds that the Company manages on
behalf of its clients) have a reduced notifiable interest in the Company of
2,226,617 ordinary shares which represents 7.24 per cent. of the issued
ordinary share capital of the Company compared to the 10.92 per cent. holding
that was announced on 20 December 2001.

END