10JS Cred Ag Co 22

RNS No 5050p
BTR PLC
14th May 1998

To advise that on 11 May 1998, the Company received a
notification dated the same day, from Franklin Resources
Inc and its affiliates, reporting an increase of 0.8438%
in their interest in the Company's Ordinary Shares held
as follows:

Chase Nominees Limited                  205,551,786
Barclays Bank                           11,396,837
Bank of New York Nominees               5,068,888
Bank of Scotland                        832,813
Merrill Lynch                           2,945,639
Northern Trust Co.                      4,972,421
Bankers Trust Company                   2,252,657
Citibank                                1,437,891
State Street Bank & Trust Co.           14,333,967
Midland Bank plc                        9,131,179
Cede & Company (ADR's)                  9,165,476
Total Holding                           267,089,554

Percentage of ordinary shares in issue  8.0508%

END

HOLBRGBUCGBCCIS

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