Holding(s) in Company

12 November 2002

The Company has been notified today pursuant to the Companies Act 1985 that
BriTel Fund Trustees Limited, is a partner in the following limited
partnership:

Details of Deeds constituting Partnerships                   
                                                             
Partnership Name   Parties                                   
                                                             
Aberforth Limited  Partners of Aberforth Limited Partnership 
                   1B                                        
Partnership 1B                                               
                                                             
                   Aberforth LGP IB Limited, 14 Melville     
                   Street, Edinburgh EH3 7NS                 
                                                             
                   Aberforth Partners Assets LP I, 14        
                   Melville Street, Edinburgh EH3 7NS        
                                                             
                   Aberforth Special LP IA, 14 Melville      
                   Street, Edinburgh EH3 7NS                 
                                                             
                   Aberforth Special LP IB, 14 Melville      
                   Street, Edinburgh EH3 7NS                 
                                                             
                   Bank of England Pension Fund, acting by BE
                   Pension Fund Trustees Limited, Chief      
                   Investment Manager, Threadneedle Street,  
                   London EC2R 8AH                           
                                                             
                   Britel Fund Trustees Limited, Lloyds      
                   Chambers, 1 Portsoken Street, London E1   
                   8HZ                                       
                                                             
                   CIBC Bank & Trust Co (Channel Islands)    
                   Limited as custodian of Hansa Fund PCC    
                   Limited                                   
                                                             
                   Forbes Limited, St Anastase, Mont de St   
                   Anastase, St Peter, Jersey, Channel       
                   Islands JE3 7ES                           
                                                             
                   Merseyside Pension Fund, Castle Chambers, 
                   4/6 Cook Street, Liverpool L69 2NW        
                                                             
                   The Scottish Investment Trust plc, 6 Albyn
                   Place, Edinburgh RH2 4NL                  
                                                             
                   Uberior Investments plc, The Mound,       
                   Edinburgh EH1 1YZ                         

By virtue of Part Vi of the Companies Act 1985, Britel has a notifiable
interest in 2,914,959 ordinary shares in Oxford Instruments plc, representing
6.08% of the issued share capital.

Of the shares referred to in this notice 244,959 are held in the name of Britel
Fund Trustees Limited, and 2,670,000 are held in the name of Clydesdale Bank
(Head Office) Nominees A/c ABERLP1B.