Fenner PLC - Holding in Company

RNS No 7055b
FENNER PLC

                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

FENNER PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

PHILLIPS & DREW FUND MANAGEMENT LIMITED
PHILLIPS & DREW LIFE LIMITED &
PHILLIPS & DREW HOLDING 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 & SCHEDULE BELOW

5)  Number of shares/amount of stock acquired.

NOT STATED

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 DATED 29.06.1999 (RECEIVED 30.06.1999)

12) Total holding following this notification

13,770,685 ORDINARY SHARES

13) Total percentage holding of issued class following this notification

13.45%

14) Any additional information

SEE LETTER & SCHEDULE BELOW

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

    Date of Notification...30 JUNNE 1999.......


LETTER 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 Phillips & Drew Fund Management Limited & Phillips & Drew Life Limited
have an interest in 13,770,685 ord 25p shares of the Company.  This represents
13.45% of the issued share capital of the Company.

Please find below a list of the Registered holders.

Phillips & Drew Fund Management Limited and Phillips & Drew Life Limited are
subsidiaries of Phillips & Drew Holding Limited which is also treated as having
an interest in the above shares.  We are authorised to make this aggregrate
disclosure on behalf of Phillips & Drew Holding Limited the registered address
of which is:

  Triton Court
  14 Finsbury Square
  London EC2A 1PD

LETTER FROM:  PHILLIPS & DREW


                              FENNER PLC

              Total Issued Share Capital  -  102,357,208

NAME                                                                  QUANTITY


PHILDREW NOMINEES LIMITED                         A/C AHH             20,644
PHILDREW NOMINEES LIMITED                         A/C AAH             24,356
PHILDREW NOMINEES LIMITED                         A/C BAB            178,332
PHILDREW NOMINEES LIMITED                         A/C BRI            205,333
PHILDREW NOMINEES LIMITED                         A/C BDH            270,000
PHILDREW NOMINEES LIMITED                         A/C BHW            740,666
PHILDREW NOMINEES LIMITED                         A/C CAE            108,100
PHILDREW NOMINEES LIMITED                         A/C CAS            171,000
PHILDREW NOMINEES LIMITED                         A/C CUP            170,333
PHILDREW NOMINEES LIMITED                         A/C DRG4           139,500
PHILDREW NOMINEES LIMITED                         A/C EO              60,724
PHILDREW NOMINEES LIMITED                         A/C FGC            352,840
PHILDREW NOMINEES LIMITED                         A/C GWY            121,500
PHILDREW NOMINEES LIMITED                         A/C 705             49,000
PHILDREW NOMINEES LIMITED                         A/C GRP            169,000
PHILDREW NOMINEES LIMITED                         A/C GUP             45,500
PHILDREW NOMINEES LIMITED                         A/C HH             395,000
PHILDREW NOMINEES LIMITED                         A/C JEF            214,000
PHILDREW NOMINEES LIMITED                         A/C HR              72,500
PHILDREW NOMINEES LIMITED                         A/C KS             185,000
PHILDREW NOMINEES LIMITED                         A/C KOS            102,000
PHILDREW NOMINEES LIMITED                         A/C LF06            28,276
PHILDREW NOMINEES LIMITED                         A/C LF20         5,410,960
PHILDREW NOMINEES LIMITED                         A/C LF20           603,990
PHILDREW NOMINEES LIMITED                         A/C PY              43,500
PHILDREW NOMINEES LIMITED                         A/C QB             197,000
PHILDREW NOMINEES LIMITED                         A/C ROL              4,561
PHILDREW NOMINEES LIMITED                         A/C SGU            414,000
PHILDREW NOMINEES LIMITED                         A/C SB             725,330
PHILDREW NOMINEES LIMITED                         A/C SUS             28,000
PHILDREW NOMINEES LIMITED                         A/C TE             639,900
PHILDREW NOMINEES LIMITED                         A/C UT81           330,737
PHILDREW NOMINEES LIMITED                         A/C UVB1           123,000
PHILDREW NOMINEES LIMITED                         A/C UT21         1,426,103

                                                                  13,770,685

                                                                      13.45%

END

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