RNS No 2722r
FENNER PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

    FENNER PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

    PDFM LIMITED

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 LETTER BELOW


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

    SEE LETTER 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

    N/A

8)  ( N/A %) of issued Class

9)  Class of security

    ORDINARY OF 25P EACH

10) Date of transaction

    NOT STATED

11) Date company informed

    LETTER OF 18.02.98
    (RECEIVED 19.02.98)

12) Total holding following this notification

    10,265,146 ORDINARY SHARES

13) Total percentage holding of issued class following this notification

    10.04%

14) Any additional information

    SEE LETTER 18.02.98

15) Name of contact and telephone number for queries

    R. L. GALLOWAY - 01482 668098

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

    Date of Notification..19.02.98..............


TO FENNER PLC

Re:  S.198 Companies Act 1985: as amended by The Disclosure of Interest in
Shares (Amendment) Regulations 1993 (ORD 25P)

In accordance with the Companies Act 1985, (as amended) I write to notify you
that PDFM Limited has an interest in 10,265,146 ord 25p shares of the Company.
This represents 10.04% of the issued share capital of the Company.

Please find below a list of the Registered holders.

PDFM Limited is a subsidiary of UBS UK Holding Limited which is also treated as
having an interest in the above shares.  We are authorised to make this
aggregate disclosure on behalf of UBS UK Holding Limited the registered address
of which is:

100 Liverpool Street
London
EC2M 2RH


FROM PDFM LIMITED


PHILDREW NOMINEES LIMITED               A/C APS             156,000
PHILDREW NOMINEES LIMITED               A/C AAH              57,000
PHILDREW NOMINEES LIMITED               A/C BAB             141,333
PHILDREW NOMINEES LIMITED               A/C BRI             215,333
PHILDREW NOMINEES LIMITED               A/C BDH             250,000
PHILDREW NOMINEES LIMITED               A/C DKW               8,811
PHILDREW NOMINEES LIMITED               A/C BRN2            209,000
PHILDREW NOMINEES LIMITED               A/C CAE              68,000
PHILDREW NOMINEES LIMITED               A/C CAS             119,000
PHILDREW NOMINEES LIMITED               A/C CUP             105,333
PHILDREW NOMINEES LIMITED               A/C CX              208,000
PHILDREW NOMINEES LIMITED               A/C CZ              171,000
PHILDREW NOMINEES LIMITED               A/C DBN              50,000
PHILDREW NOMINEES LIMITED               A/C EO               60,724
PHILDREW NOMINEES LIMITED               A/C FGC             655,240
PHILDREW NOMINEES LIMITED               A/C FLC              69,000
PHILDREW NOMINEES LIMITED               A/C GAL             969,345
PHILDREW NOMINEES LIMITED               A/C 705              46,000
PHILDREW NOMINEES LIMITED               A/C GRP             119,000
PHILDREW NOMINEES LIMITED               A/C HON             194,000
PHILDREW NOMINEES LIMITED               A/C HPG              26,900
PHILDREW NOMINEES LIMITED               A/C JEF             159,000
PHILDREW NOMINEES LIMITED               A/C JNL              99,670
PHILDREW NOMINEES LIMITED               A/C KS              111,000
PHILDREW NOMINEES LIMITED               A/C KOS              70,000
PHILDREW NOMINEES LIMITED               A/C MD              206,000
PHILDREW NOMINEES LIMITED               A/C MPL              41,000
PHILDREW NOMINEES LIMITED               A/C ML               90,000
PHILDREW NOMINEES LIMITED               A/C PA              100,000
PHILDREW NOMINEES LIMITED               A/C QB              142,000
PHILDREW NOMINEES LIMITED               A/C REC             262,000
PHILDREW NOMINEES LIMITED               A/C RMC             171,000
PHILDREW NOMINEES LIMITED               A/C RMS             100,000
PHILDREW NOMINEES LIMITED               A/C ROL               4,561
PHILDREW NOMINEES LIMITED               A/C ROR              36,148
PHILDREW NOMINEES LIMITED               A/C SGU             347,000
PHILDREW NOMINEES LIMITED               A/C SB              540,650
PHILDREW NOMINEES LIMITED               A/C WH              169,680
PHILDREW NOMINEES LIMITED               A/C SUS              28,000
PHILDREW NOMINEES LIMITED               A/C TE              657,300
PHILDREW NOMINEES LIMITED               A/C UVB1             91,000
PHILDREW NOMINEES LIMITED               A/C WGL             178,000
PHILDREW NOMINEES LIMITED               A/C WHP             473,000
PHILDREW NOMINEES LIMITED               A/C WAR             348,000
TALBOT NOMINEES LIMITED                 A/C UT21          1,626,203
TALBOT NOMINEES LIMITED                 A/C UT81            314,915

                                                         10,265,146

                                                              10.04%
END

HOLGBUGCPBGRGAB


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