Costain Group PLC - Hldg by Nat.Westminster Bank

RNS No 8436m
COSTAIN GROUP PLC



                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

    COSTAIN GROUP PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

    NATIONAL WESTMINSTER BANK PLC

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

    SEE BELOW

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

    NATWEST FIS NOMINEES LTD
    2824 ORDINARY SHARES REDUCING TO 2774
    STRAND NOMINEES
    204723 ORDINARY SHARES REDUCING TO ZERO

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

    204,773

8)  (.061%) of issued Class

9)  Class of security

    ORDINARY SHARES

10) Date of transaction

    6 FEB 1998

11) Date company informed

    9 FEB 1998

12) Total holding following this notification

    296,824,786

13) Total percentage holding of issued class following this notification

    88%

14) Any additional information

    THE FIGURE IN BOX 12 INCLUDES 72,307,621 SHARES WHICH ARE COUNTED TWICE BY
    VIRTUE OF ONE PARTY TO A SECTION 204 AGREEMENT HOLDING OPTIONS TO PURCHASE
    SHARES HELD BY OTHER PARTIES TO THAT AGREEMENT

15) Name of contact and telephone number for queries

    C L FRANKS
    0171 705 8525

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

    Date of Notification..10 FEBRUARY 1998......



COSTAIN GROUP PLC
Schedule of shareholdings of the Participating Banks


Name and address       Number of       Number of such Shares     Number of such
of registered          Shares          in which the interest     Shares in which
holder                                 arises by virtue of       the interest is
                                       the Section 204           a section
                                       Agreement                 208(5) interest

Banco Santander SA      1,366,609      1,306,024                           NIL
Bankers Trust Company     413,085        413,082                           NIL
KAS Nominees 
Designated Account        323,830        323,830                           NIL
Banco Santander SA      1,325,468      1,325,468                     1,325,468
Chase Nominees Ltd
A/C SO 2196             2,334,974      2,334,974                     2,334,974
Cargill Financial
Markets Plc             1,006,297      1,006,297                     1,006,297
Bank of America
International Ltd         463,450            NIL                           NIL
Bank of America
NT & SA                 6,951,470      6,951,470                           NIL
Bank of America
NT & SA (Special
Assets Group)           5,322,542      5,322,542                           NIL
Citibank International
Plc                     1,044,333      1,044,333                           NIL
Ranelagh Nominees Ltd  10,647,000      9,734,704                           NIL
Lloyds Bank (PEP
Nominees) Ltd              12,483            NIL                           NIL
Lloyds Private Banking
(Isle of Man) Ltd             948            NIL                           NIL
Fielding Nominees Ltd       2,820            NIL                           NIL
Finserve Nominees Ltd       1,800            NIL                           NIL
NatWest FIS Nominees Ltd    2,774            NIL                           NIL
County NatWest Nominees
Ltd                    12,720,273     11,556,292                           NIL
NatWest PEP Nominees Ltd       15            NIL                           NIL
Standard Chartered 
Nominees Ltd J A/C      4,097,553      3,694,468                           NIL
Daedalus Projects Ltd 125,354,541     42,500,000                           NIL
Raymond Internation 
WLL                    25,562,500        562,500                           NIL
Skanska Invest AB      97,870,021     25,562,500                    72,307,521

TOTALS                296,824,786    113,638,487                    76,974,260


END

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