Holding(s) in Company

Halma PLC
24 January 2003


                                   HALMA p.l.c.

              INTEREST NOTIFIED UNDER SECTION 198 COMPANIES ACT 1985

Halma p.l.c. has received notification dated 23 January 2003 from Sprucegrove
Investment Management Limited that funds managed by them currently have a 6.0%
interest in the ordinary shares of Halma p.l.c. which may be identified as
follows: 

           Holdings       Nominee Name
           1,560,600      Deutsche Bank Nominees Limited
           3,095,408      Chase Nominees Limited
           2,385,310      Mellon Nominees (UK) Limited
           2,636,236      Nortrust Nominees Limited
           4,715,910      ROY Nominees Limited
           1,457,290      CBLONDON-CNY GRP
           2,559,690      State Street Nominees Limited for the account of SM86
             152,330      State Street Nominees Limited for the account of AA1X
             124,370      State Street Nominees Limited for the account of JF2M
             662,540      State Street Nominees Limited for the account of NP8E
             642,245      State Street Nominees Limited for the account of VN5D
           1,905,220      State Street Nominees Limited for the account of 16Y8
          21,897,149      Total


A copy of this announcement, together with other information about Halma, may be
viewed on its web site www.halma.com.

For further information, please contact:                      [phone]
Ed Dawe, Corporate Resources Manager


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