Holding(s) in Company

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

ROLLS-ROYCE PLC
               

2. Name of shareholder having a major interest

ZURICH FINANCIAL SERVICES AND ITS GROUP
                                       

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

AS PER 2 ABOVE
              

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



5. Number of shares / amount of stock acquired

N/A
   

6. Percentage of issued class

N/A

7. Number of shares / amount of stock disposed

N/A
   

8. Percentage of issued class

N/A
   

9. Class of security

ORDINARY SHARES OF 20p
                      

10. Date of transaction




11. Date company informed

16/09/2004
          

12. Total holding following this notification

NOW HOLDS LESS THAN 3%
                      

13. Total percentage holding of issued class following this notification

NOW HOLDS LESS THAN 3%
                      

14. Any additional information

S198 COMPANIES ACT 1985
                       

15. Name of contact and telephone number for queries

JOHN WARREN - 01332 245878
                          

16. Name and signature of authorised company official responsible for making
this notification

JOHN WARREN - DEPUTY COMPANY SECRETARY
                                      

Date of notification

20/09/2004
          

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