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Rexam PLC (REX)

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Wednesday 28 May, 2003

Rexam PLC

Holding(s) in Company

Rexam PLC
28 May 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

REXAM PLC

2) Name of shareholder having a major interest

BARCLAYS PLC

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

NON BENEFICIAL

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

CHASE MANHATTAN BANK

A/c 586528 : 6,287
A/c 500227 : 2,184,904
A/c 502872 : 813,002
A/c 508068 : 237,339
A/c 527191 : 3,447,020
A/c 536747 : 846,439
A/c 552942 : 683,417
A/c 585439 : 6,222
BOSTON SAFE DEPOSIT & TRUST A/c 591668 : 103,429
CHASE NOMINEES LIMITED : 25,407
A/c 18408 : 70,347
A/c 20947 : 9,765,939
A/c 16344 : 175,626
A/c 16345 : 333,150
A/c 16331 : 87,131
A/c 16341 : 827,182
A/c 16341 : 409,674
A/c 16342 : 51,292
A/c 16400 : 4,114,427
A/c 16376 : 232,097
STATE STREET
A/c BNN032IE : 19,572
A/c BNN005IE : 1,278
A/c BNX012IE : 9,119
A/c BNX019IE : 16,441
A/c BNX021IE : 919
JP MORGAN CHASE BANK
A/c BTC034IE : 5,680
A/c BTC045IE : 52,048
A/c BTGF01IE : 117,278
A/c BTGF04IE : 64,248
A/c BTGF05IE : 89,729
A/c BTGF07IE : 9,906
A/c BTK001IE : 56,706
A/c BTS004IE : 50,997
A/c BTS024IE : 4,497
A/c BTS028IE : 203,146
A/c BTS005IE : 7,752
A/c BTS005IE : 7,537
A/c BTS011IE : 18,294
A/c BTS018IE : 1,391
A/c BTS019IE : 3,432
A/c BTS031IE : 5,482
BANK OF IRELAND BNX009IE : 125,641
BARCLAYS CAPITAL NOMINEES LIMITED : 82,225
BARCLAYS TRUST CO A/c R69 : 777
BARCLAYS TRUST CO A/c DMC69 : 5,250
BARCLAYS TRUST CO & OTHERS : 16,588
BARCLAYS GLOBAL INVESTORS JAPAN A/c BTS026IE : 4,667
MITSUBISHI TRUST BANK
A/c BNN018IE : 2,286
A/c BNN024IE : 7,756
A/c BNN033IE : 12,978
STATE STREET BANK & TRUST A/c 713101 : 469,420
SUMITOMO TRUST BANK
A/c BNN029IE : 9,825
A/c BNN036IE : 8,751
A/c BNN031IE : 6,352
SWAN NOMINEES LIMITED : 4,812
UBS LIMITED A/c 583996 : 205,152
ZEBAN NOMINEES LIMITED : 1,274
INVESTORS BANK AND TRUST CO
A/c 586072 : 43,780
A/c 595966 : 457,441
A/c 428169 : 47,864
A/c 555879 : 9,165
A/c 583293 : 208,568
A/c 911140 : 12,367
JPMORGAN CHASE BANK A/c 540186 : 210,744
JPMORGAN CHASE BANK A/c 555465 : 74,509
NORTHERN TRUST BANK - BGI SEPA
A/c 581610 : 241,363
A/c 584069 : 134,485

5) Number of shares/amount of stock acquired

UPDATED DISCLOSURE OF A NOTIFIABLE INTEREST OF 27,569,823 ORDINARY SHARES IN
REXAM PLC

6) Percentage of issued class

6.02%

7) Number of shares/amount of stock disposed


8) Percentage of issued class

9) Class of security

ORDINARY SHARES OF 64 2/7 PENCE EACH

10) Date of transaction

23 MAY 2003

11) Date company informed

28 MAY 2003

12) Total holding following this notification

27,569,823 SHARES

13) Total percentage holding of issued class following this notification

6.02%

14) Any additional information

15) Name of contact and telephone number for queries

JENNIFER SMITH 020 7227 4132

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

Date of notification 28 MAY 2003




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