Costain Group PLC - Hldg by Nat.Westminster Bk

RNS No 0621a
COSTAIN GROUP PLC
8th July 1998


                    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 Schedule below

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

Finserve Nominees Limited

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

1,500

8)  (0.0004%) of issued Class

9)  Class of security

Ordinary Shares

10) Date of transaction

7th July 1998

11) Date company informed

8th July 1998

12) Total holding following this notification

297,000,700

13) Total percentage holding of issued class following this notification

88%

14) Any additional information

The figure in box 12 includes 72,307,521 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 8526

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

    Date of Notification..8th July 1998.......


                             COSTAIN GROUP PLC
          
              Schedule of Shareholding of the Participating Banks
                              

                                                                 Number of such
                                     Number of such Shares      Shares in which
                                     in which the interest      the interest is 
          Name of     Number of    arises by virtue of the        a Section 208
Registered Holder        Shares      Section 204 Agreement          (5)interest
_______________________________________________________________________________

Banco Santander 
S.A.                  1,366,609                  1,306,024                  Nil

Bankers Trust
Company                 413,085                    413,085                  Nil

KAS Nominees 
Designated Account      323,830                    323,830                  Nil

Banco Santander
S.A.                  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               5,322,542                  5,322,542                  Nil

Citibank 
International Plc     1,165,331                  1,044,333              522,167

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     2,500                        Nil                  Nil

Finserve Nominees Ltd     7,991                        Nil                  Nil

MGA Nominees Limited     49,045                        Nil                  Nil

NatWest FIS Nominees
Ltd                       2,774                        Nil                  Nil

CNW 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

_______________________________________________________________________________
   Total           297,000,700                 113,638,487           77,496,427
_______________________________________________________________________________


                            COSTAIN GROUP PLC

                                SCHEDULE

                Name of parties to the Section 204 Agreement
________________________________________________________________________________

Costain Group Plc   

Costain Engineering Services Inc

Costian Dubai LLC

Costain Homes Holdings Inc

Raymond International WLL

Daedalus Projects Ltd

Intria Berhad 

Banco Santander SA

Bankers Trust Company

Bankers Trust International

Bank of America NT & SA (Loan Trading Group)

Bank of America NT & SA (Special Assets Group)

Citibank NA

Skanska Invest AB

Lloyds Bank Plc

J C Melson Esq

Standard Chartered Bank Plc

END

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