Holding in Company

3i Group PLC
19 June 2001


Letter to 3i Group PLc
Dated June 15, 2001

Below are notifications of disclosable interests under the U.K. Companies Act
1985.  Please note that while this information details the disclosable interests
of more then one entity, the disclosure below constitutes separate notifications
of interest which have been combined solely for purposes of clarity and
efficiency.  It is not intended to indicate that any of these entities act as a
group or in concert with respect to these interests.

These disclosures are made in the interest of conformity with the Companies Act.
The Interest detailed herein were acquired solely for investment purposes.  For
disclosure purposes, holdings should be represented as FMR Corp. and its direct
and indirect subsidiaries, and Fidelity International Limited (FIL) and its
direct and indirect subsidiaries, both being non-beneficial holders.

Contact:
Patricia Bolen
Tel: [phone] 

Letter from Fidelity Investments


NOTIFICATIONS UNDER SECTIONS 198 TO 202 -- UK COMPANIES ACT

1. Company in which shares are held:  3I Group Plc

2. Notifiable Interest:    Ordinary Shares

     A     FMR Corp
           82 Devonshire Street
           Boston, MA 02109

           Parent holding company of Fidelity Management & Research Company 
           (FMRCO),investment manager for US mutual funds, and Fidelity         
           Management Trust Company (FMTC), a US state chartered bank which acts
           as a trustee or investment manager of various pension and trust      
           accounts. (See Schedule A for listing of Registered Shareholders 
           and their holdings.)

     B     Fidelity International Limited (FIL)
           P.O. BOX HM 670
           Hamilton HMCX, Bermuda

           Parent holding company for various direct and indirect subsidiaries,
           including Fidelity Investment Services Ltd (FISL), and Fidelity      
           Pension Management (FPM), investment managers for various non-US     
           investment companies and institutional clients.  (See Schedule A for 
           listing of Registered Shareholders and  their holdings).

3.     The notifiable interests also comprise the notifiable interest of:

           Mr Edward C Johnson 3d
           82 Devonshire Street
           Boston, MA 02109

           A principal shareholder of FMR Corp. and Fidelity International      
           Limited.

4.     The notifiable interests include interest held on behalf of authorized
       unit trust schemes in the U.K. notwithstanding the exemption from 
       reporting pursuant to Section 209 (1) (h) of the Companies Act 1985.

5.     These notifications of disclosable interests constitute separate
       notifications of interest in the shares and are combined solely for 
       the purposes of clarity. Nothing herein should be taken to indicate 
       that FMR Corp. and its direct and indirect subsidiaries, 
       Fidelity International Limited and its direct and indirect subsidiaries
       or Mr Edward C Johnson 3d act as a group or in concert in respect of 
       the disclosed interests, or that they are required to submit these 
       notifications on a joint basis.

6.     The disclosable interests arise under section 208(4) (b) of the Act,
       namely where a person, not being the registered holder, is entitled
       to exercise a right conferred by the holding of the shares or to 
       control the exercise of such rights, or under section 203 of the Act
       respectively.


SCHEDULE A

SECURITY: 3I Group Plc                         


                      SHARES HELD   MANAGEMENT   NOMINEE/REGISTERED
                                     COMPANY     NAME

(Ordinary Shares)

                          91,900      FMRCO      HSBC
                       1,751,212      FMRCO      State Street Nominees Limited
                         787,557      FMTC       State Street Nominees Ltd.
                         430,163      FMTC       HSBC
                         209,693      FMTC       Bankers Trust
                         214,241      FMTC       Chase Nominees Ltd.
                         448,272      FMTC       Mellon Trust
                          32,500      FMTC       Bank of New York Europe
                          29,600      FMTC       Northern Trust
                          55,300      FMTC       National Cities
                          27,900      FMTC       Nortrust Nominees
                       3,087,201      FISL       Clydesdale Bank (Head Office)
                                                 Nominees Limited
                         906,100      FPM        Bankers Trust
                         251,950      FPM        RBS Trust Bank
                          68,700      FPM        Bank of New York Europe
                         835,820      FPM        Nortrust Nominees Ltd
                         196,700      FPM        BT Globenet Nominees Ltd
                       1,266,500      FPM        Chase Nominees Ltd
                          92,161      FPM        MSS Nominees Ltd
                         153,400      FPM        HSBC Client Holdings Nominee
                                                 (UK) Limited
                         128,749      FPM        Bank of New York Europe
                         117,660      FPM        Citibank
                         677,803      FIL        Chase Nominees Ltd
                          66,600      FIL        Bank of New York London
                       1,081,563      FIL        MSS Nominees Ltd
                          67,610      FIL        HSBC Client Holdings Nominee
                                                 (UK) Limited
                         630,794      FIL        State Street Bank & Trust
                          56,100      FIL        Mitsubishi Trust & Banking
                         825,020      FIL        Nortrust Nominees Ltd
                         309,077      FIL        Bankers Trust
                       1,394,899      FIL        RBS Trust Bank
                         137,351      FIL        Morgan Stanley
                          97,617      FIL        NAB-Australia
                         962,368      FIL        Northern Trust
                          71,685      FIL        Citibank
                           9,800      FIL        Credit Suisse
                           2,250      FIL        Clydesdale Bank (Head Office)
                                                 Nominees Limited
                         603,324      FIL        Bank of New York Europe
                          16,900      FIL        Chuo Trust Bank
                          94,585      FIL        Bank of Bermuda
                           6,800      FIL        National Australia Bank
                           4,224      FIL        Deutsche Bank AG London
                           6,200      FIL        KAS Assoc.
                           7,100      FIL        State Street Nominees LTD
                          15,600      FIL        Mellon Bank
                           3,600      FIL        KAS Associatie
                           3,500      FIL        RBS-EDINBURG


TOTAL ORDINARY SHARES: 18,335,649

CURRENT OWNERSHIP
 PERCENTAGE:                 3.02%

SHARES IN ISSUE:      607,862,622