Holding(s) in Company

Peel Hotels PLC
08 October 2002

                                PEEL HOTELS PLC

                            SUBSTANTIAL SHAREHOLDING

The Company has been notified by C E W Peel that he is interested in 2,000,000
of the Company's ordinary shares, equivalent to 16.5 per cent. of the Company's
issued ordinary share capital, 1,500,000 of which are registered in his own name
and 500,000 of which are registered in the name of his wife.

8 October 2002


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