Notifiable Interests

API Group PLC
4 August 2000


API Group plc

The Company today received notification from CGNU plc that CGNU and certain of
its subsidiaries has the following notifiable interest:

                                                        Holding
Morley Fund Management Limited                          425,926
Norwich Union Investment Management Limited           2,038,629
                                                      ---------
Total CGNU plc Holding                                2,464,629
                                                      ---------
                                                               
Total percentage interest                                  7.3%