Holding(s) in Company

Avon Rubber PLC
13 October 2003


                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

AVON RUBBER PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

DEUTSCHE BANK AG

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.

MORGAN NOMINEES LTD -       429,584
NORTRUST NOMINEES LTD -     429,187
STATE STREET NOMINEES -   2,768,554 
DEUTSCHE BANK AG LONDON -    36,000
(SEE LETTER BELOW)

5)   Number of shares/amount of stock acquired.

108,727

6)   Percentage of issued Class

0.39

7)   Number of shares/amount of stock disposed

-

8)   Percentage of issued Class

-

9)   Class of security

£1 ORDINARY SHARES

10)  Date of transaction

-

11)  Date company informed

13 OCTOBER 2003

12)  Total holding following this notification

3,663,325
               
13)  Total percentage holding of issued class following this notification

13.16%

14)  Any additional information

ISSUED SHARE CAPITAL 27,823,944

15)  Name of contact and telephone number for queries

JUNE MEADOWS
TEL: [phone]

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

     Date of Notification .... 13 OCTOBER 2003 ....................


LETTER TO AVON RUBBER PLC DATED 10 OCTOBER 2003

Further to our letter of 22 July,, 2003, and in accordance with Sections 198-202 
of the Companies Act 1985, we write on behalf of Deutsche Bank AG, to inform you 
that, on the basis that the relevant issued share capital of your company is 
27,823,944 ordinary shares, Deutsche Bank AG and its subsidiary companies have a 
notifiable interest in the shares of 13,16%. The total interest is in 3,663,325 
shares registered in the names and in the amounts as set out in the Schedule
below.

Companies within the Group acting as Fund Managers hold some of the shares on 
behalf of a number of clients whose portfolios are managed on a discretionary 
basis.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany, of which 
Deutsche Bank AG London is a branch.

FROM DEUTSCHE BANK AG LIMITED 


SCHEDULE

AVON RUBBER PLC 
ORDINARY SHARES


Held as Principal                       No of Shares
Deutshe Bank AG London                        36,000

Held in Customer Portfolios     
Morgan Nominees Limited                      429,584
Nortrust Nominees Ltd                        429,187
State Street Nominees                      2,768,554

TOTAL                                      3,663,325

10 OCTOBER 2003

END


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