Holding(s) in Company

Avon Rubber PLC
22 October 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     AVON RUBBER p.l.c.

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

      HENDERSON GLOBAL INVESTORS

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

      AS ABOVE

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

      LOWLAND INVESTMENT COMPANY PLC (now hold 5.39%)

5)   Number of shares/amount of stock acquired.

     250000



6)   (0.9%) of issued Class

7)   Number of shares/amount of stock disposed



8)   (N/A %) of issued Class

9)   Class of security

     £1 ORDINARY

10)  Date of transaction

      18 OCTOBER 2002

11)  Date company informed

      22 OCTOBER 2002

12)  Total holding following this notification

      1,633,836
               
13)  Total percentage holding of issued class following this notification

       5.87%

14)  Any additional information



15)  Name of contact and telephone number for queries

      C.L. MARTIN
      COMPANY SECRETARY    
      01225 861150

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

     C.L. MARTIN

     Date of Notification ...22.10.2002.......


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