COST Costain Group Plc

RNS Number:5106Y
Costain Group PLC
7 February 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

COSTAIN GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

BANK OF AMERICA

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

IT IS IN RESPECT OF A HOLDING OF THE 
SHAREHOLDER NAMED IN 2 ABOVE

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

BANK OF AMERICA NA
(LOAN TRADING GROUP)               2050000

BANK OF AMERICA NA
(BLYDENSTEIN NOMINEES LIMITED)     5332542



5)   Number of shares/amount of stock acquired.

N/A

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

251470

8)   (0.0745%) of issued Class

9)   Class of security

ORDINARY SHARES

10)  Date of transaction

31/01/01

11)  Date company informed

02.02.01

12)  Total holding following this notification

7382542
               
              
13)  Total percentage holding of issued class following this notification

2.18

14)  Any additional information

NONE

15)  Name of contact and telephone number for queries

CLIVE L FRANKS
01628 842575

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

C L FRANKS

     Date of Notification ........07.02.01

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