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Morse PLC (MOR)

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Monday 22 April, 2002

Morse PLC

Holding(s) in Company

Morse PLC
22 April 2002

                           Morse plc ("The Company")

On 22 April 2002 the Company was notified in accordance with sections 198-202
of the Companies Act 1985 (as amended) and the Disclosure of Interests in Shares
(Amendment) Regulations (1993) that there has been a change in the notifiable
interest of 3i Group plc. The total notifiable interest of the 3i Group plc
Group of Companies is now 25,375,987 Ordinary shares of 10 pence each. This
represents 19.68% of the issued share capital of the Company.

The holdings of the 3i Group plc Group of Companies are as follows:

Registered Holder                                 Beneficial Owner                       Ordinary Shares of 10p

BNY (OCS) Nominees Limited a/c 3i plc             3i Group plc                            24,644,987

BNY (OCS) Nominees Limited a/c 3iSQC              3i Smaller Quoted Companies Trust plc      181,000

BNY (OCS) Nominees Limited a/c 3iET               3i European Technology Trust plc           550,000

3i Group plc, 3i Holdings plc, 3i plc and 3i Investments plc are also interested
in the shares beneficially owned by 3i Smaller Quoted Companies Trust plc and
3iEuropean Technology Trust plc.

                      This information is provided by RNS
            The company news service from the London Stock Exchange