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Brambles Industries (BI.)

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Thursday 31 October, 2002

Brambles Industries

Holding(s) in Company

Brambles Industries PLC
31 October 2002

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

     Brambles Industries plc

2)   Name of shareholder having a major interest


     Deutsche Bank AG and its subsidiary companies

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


     N/A


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



     N/A

5)   Number of shares/amount of stock acquired


     N/A


6)   Percentage of issued class

     N/A


7)   Number of shares/amount of stock disposed

     Not advised



8)   Percentage of issued class


     Not advised


9)   Class of security

     Ordinary shares of 5p each

10)  Date of transaction

     Not advised


11)  Date company informed

     30 October 2002


12)  Total holding following this notification


     Holding fallen below 10%

13)  Total percentage holding of issued class following this notification

     Not advised




14)  Any additional information

     Deutsche Bank AG and its subsidiary companies no longer
     have a notifiable interest in the ordinary shares of
     Brambles Industries plc (ie their holding is below 10%)

15)  Name of contact and telephone number for queries

     Lorraine Young - 020 7659 6020

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

     Lorraine Young, Company Secretary



     Date of Notification - 31 October 2002




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