RNS No 6986k
FENNER PLC

                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

    FENNER PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

    PRUDENTIAL CORPORATION 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.

    SEE BELOW

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

    NOT STATED

8)  ( N/A %) of issued Class

9)  Class of security

    ORDINARY 25P EACH

10) Date of transaction

    NOT STATED

11) Date company informed

    LETTER OF 27-10-97

12) Total holding following this notification

    7,625,132 ORDINARY SHARES

13) Total percentage holding of issued class following this notification

    7.45%

14) Any additional information

    SEE LETTER DATED 27-10-97

15) Name of contact and telephone number for queries

    D E COLLINSON
    01482-668098

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

    Date of Notification....28 OCTOBER 1997..

LETTER TO: FENNER PLC

RE: COMPANIES ACT 1985
    DISCLOSURE OF INTEREST IN VOTING SHARES

In reply to your request, I can confirm that the interest of the Prudential
Corporation group of companies, in the following class of voting share in your
company, is now as specified below.

Class of Share             Ordinary Shares of 25p

Registered Holder                                      Details of Holding

MSS Nominees Ltd A/C 379                                  2,277,332
Prudential Client (MSS) Nominees Ltd PAC A/C              5,347,800
                                                          ---------
                                                          7,625,132

                                                = 7.45% of shares in issue
                                                        102,220,511

FROM: Nick Knowles
      For Prudential Corporation Plc

END


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