Holding in Company

CGNU PLC
27 November 2001



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

CGNU PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

LEGAL & GENERAL INVESTMENT MANAGEMENT LIMITED


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

SHAREHOLDER NAMED IN 2 ABOVE


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

SEE SCHEDULE BELOW


5)   Number of shares/amount of stock acquired.

272,947


6)   (0.012%) of issued Class


7)   Number of shares/amount of stock disposed

NIL


8)   ( N/A %) of issued Class


9)   Class of security

ORDINARY SHARES OF 25P EACH


10)  Date of transaction

20 NOVEMBER 2001


11)  Date company informed

27 NOVEMBER 2001


12)  Total holding following this notification

67,744,436
               

13)  Total percentage holding of issued class following this notification

3.004%


14)  Any additional information



15)  Name of contact and telephone number for queries

STUART MEAD
020 7662 8444


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


     Date of Notification ...... 27 NOVEMBER 2001 ..................


LETTER TO:  CGNU 
21 NOVEMBER 2001

COMPANIES ACT 1985 - DISCLOSURE OF INTEREST IN SHARES

Consequent upon a purchase in the market of 272,947 shares on the 20 November 
2001, we now hold the following number of shares which are not subject to a 
concert party and will be registered as follows.

Material Interest

HSBC Global Custody Nominee (UK) Ltd A/c 775210          113,040
HSBC Global Custody Nominee (UK) Ltd A/c 775180           50,000
HSBC Global Custody Nominee (UK) Ltd A/c 775229          110,315
HSBC Global Custody Nominee (UK) Ltd A/c 886603        4,984,106
HSBC Global Custody Nominee (UK) Ltd A/c 775245       11,908,990
HSBC Global Custody Nominee (UK) Ltd A/c 361602           33,150
HSBC Global Custody Nominee (UK) Ltd A/c 754612          394,790
HSBC Global Custody Nominee (UK) Ltd A/c 766793            8,000
HSBC Global Custody Nominee (UK) Ltd A/c 252605        1,524,767
HSBC Global Custody Nominee (UK) Ltd A/c 360509        1,616,898
HSBC Global Custody Nominee (UK) Ltd A/c 770286          450,303
HSBC Global Custody Nominee (UK) Ltd A/c 357206       44,470,445
HSBC Global Custody Nominee (UK) Ltd A/c 130007          395,632
HSBC Global Custody Nominee (UK) Ltd A/c 866203        1,684,000

                                                      67,744,436     

Please note that this percentage is based on our understanding that your issued 
share capital is 2,254,802,282 shares, so total holding = 3.004451279%.