RNS No 0495v
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 OF 25p EACH

10) Date of transaction

NOT STATED

11) Date company informed

LETTER OF 6th MARCH 1998

12) Total holding following this notification

7,155,582 ORDINARY SHARES

13) Total percentage holding of issued class following this notification

6.99%

14) Any additional information

SEE BELOW

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

    R L GALLOWAY, COMPANY SECRETARY

    Date of Notification.....6th MARCH 1998...



LETTER TO FENNER PLC DATED 6th MARCH 1998

Companies Act 1985
Disclosures of Interest in Voting Shares

In compliance with Part VI of the above Act, as amended, I inform you that, as
a result of recent sales, 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 25p

Registered Holder                                         Details of Holding

Prudential Client (MSS) Nominees Ltd PPL A/C                          14,000
MSS Nominees Ltd A/C 379                                           1,793,782
Prudential Client (MSS) Nominees Ltd PAC A/C                       5,347,800
                                                                   ---------
                                                                   7,155,582

                                                  = 6.99% of shares in Issue
                                                                 102,286,588

From:  Prudential Portfolio Managers UK Limited


END


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