Holding in Company

Avon Rubber PLC
26 January 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     AVON RUBBER PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     M&G


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

     NON-BENEFICIAL INTEREST


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

     THE PRUDENTIAL ASSURANCE CO. LTD FOR PRUDENTIAL PLC  1,882,650


5)   Number of shares/amount of stock acquired.

     -

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     120,005


8)   ( 0.431% ) of issued Class

9)   Class of security

     £1 ORDINARY SHARES


10)  Date of transaction

     -

11)  Date company informed

     26/1/01


12)  Total holding following this notification

     1,882,650
               
              
13)  Total percentage holding of issued class following this notification

     6.76%

14)  Any additional information

     ISSUED SHARE CAPITAL 27,823,944


15)  Name of contact and telephone number for queries

     JUNE MEADOWS
     01225 861121


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

     Date of Notification  26/01/01