Holding(s) in Company

Peel Hotels PLC
15 November 2002

                                PEEL HOTELS PLC



                          NOTIFICATION OF SHAREHOLDING



The Company received notification on 15 November 2002 that Galloway Limited, an
associate of Jim Mellon, is interested in 400,000 ordinary shares in the Company
(representing 3.3 per cent. of the Company's issued share capital).



15 November 2002




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