Holding(s) in Company

13th February 2003

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 1B Limited, 14 Melville Street, Edinburgh  
                      EH3 7NS                                                  
                                                                               
                      Aberforth Partners Assets LP 1, 14 Melville Street,      
                      Edinburgh EH3 7NS                                        
                                                                               
                      Aberforth Special LP 1A, 14 Melville Street, Edinburgh   
                      EH3 7NS                                                  
                                                                               
                      Aberforth Special LP1B, 14 Melville Street, Edinburgh    
                                                                               
                      EH3 7NS                                                  
                                                                               
                      Bank of England Pension Fund, acting by BE Pension Fund  
                      Trustees Limited, 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 EH2 4NL                                        
                                                                               
                      Uberior Investments plc, The Mound, Edinburgh EH1 1YZ    

By virtue of Part Vi of the Companis Act 1985, Britel has a notifiable interest
in 2,869,926 ordinary shares of Oxford Instruments plc, representing 5.98% of
the issue share capital.

Of the shares referred to in this notice 124,926 are held in the name of Britel
Fund Trustees Ltd., and 2,745,000 are held in the name of Clydesdale Bank (Head
Office) Nominees Limited A/c ABERLP1B.