Holding in Company

Ascot PLC
29 March 2001


                   Ascot Plc ('the Company')
                               
Ascot Plc has today been advised that M&G Group Limited and
M&G Limited (and their ultimate holding company, Prudential
plc) have a notifiable interest in 3,188,160 ordinary shares
in the Company which represents 4.18% of its issued ordinary
share capital.