RNS No 6456r
FENNER PLC
29th December 1998



LETTER TO: FENNER PLC

COMPANIES ACT 1985 - DISCLOSURE OF INTEREST IN VOTING SHARES

In compliance with Part VI of the above Act, as amended, I inform you that, as a
result of an incorrectly processed trade, 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

          MSS Nominees Limited A/C 379                      1,784,219
          Prudential Client (MSS) Nominees Ltd 
          PAC A/C                                           5,347,800

          Prudential Client (MSS) Nominees Ltd
          PPL A/C                                              21,000

                                                            7,153,019

                                                  = 6.98% of shares in issue
                                                            102,357,208

FROM: PRUDENTIAL PORTFOLIO MANAGERS UK LIMITED


                    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 LETTER ABOVE

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

SEE LETTER ABOVE

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

352,054

8)  (0.35%) of issued Class

9)  Class of security

ORDINARY OF 25P EACH

10) Date of transaction

DECREASE SINCE LAST NOTIFICATION DATED 24-12-98

11) Date company informed

LETTER OF 29-12-98

12) Total holding following this notification

7,153,019 ORDINARY SHARES

13) Total percentage holding of issued class following this notification

6.98%

14) Any additional information

SEE LETTER 29-12-98

15) Name of contact and telephone number for queries

R L GALLOWAY - 01482 626511

16) Name and signature of authorised company official responsible for making
    this notification
R L GALLOWAY - COMPANY SECRETARY
    Date of Notification......04-01-99..........


END

HOLUBUAPGBGBGUC


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