Holding in Company
British Airways PLC
28 August 2001
Letter to British Airways Plc dated 24 August 2001
Enclosed are amended notifications of disclosable interests under the U.K.
Companies Act 1985. Please note that while this information details the
disposable interests of more than one entity, the enclosed disclosure
constitutes separate notifications of interest which have been combined solely
for purposes of clarity and efficiency. It is not intended to indicate that any
of these entities act as a group or in concert with respect to these interests.
These disclosures are made in the interest of conformity with the Companies Act.
The Interest detailed herein was acquired solely for investment purposes. For
disclosure purposes holdings should be represented as FMR Corp. and its direct
and indirect subsidiaries, and Fidelity International Limited (FIL) and its
direct and indirect subsidiaries, both being non-beneficial holders.
From Fidelity Investments
Amendment NO 3
NOTIFICATIONS UNDER SECTIONS 198 TO 202 - - U.K. COMPANIES ACT
1. Company in which shares are held: British Airways
2. Notifiable Interest: Ordinary Shares
(A) FMRCorp.
82 Devonshire Street.
Boston, MA 02109
Parent holding company of Fidelity Management & Research Company (FMRCO),
investment manager for US mutual funds, and Fidelity Management Trust Company
(FMTC), a US state chartered bank which acts as a trustee or investment manager
of various pension and trust accounts. (See Schedule A for listing of Registered
Shareholders and their holdings.)
(B) Fidelity International Limited (FIL)
P.O. Box HM 670
Hamilton HMCX, Bermuda
Parent holding company for various direct and indirect subsidiaries, including
Fidelity Investment Services Ltd. (FISL) and Fidelity Pension Management (FPM),
investment managers for various non-US investment companies and institutional
clients. (See Schedule A for listing of Registered Shareholders and their
holdings.)
3. The notifiable interests also comprise the notifiable interest of:
Mr. Edward C. Johnson 3d
82 Devonshire Street
Boston, MA 02109
A principal shareholder of FMR Corp. and Fidelity International Limited.
4. The notifiable interests include interest held on behalf of authorized unit
trust schemes in the U.K., notwithstanding the exemption from reporting pursuant
to Section 209 (i)(h) of the Companies Act 1985.
5. These notifications of disclosable interests constitute separate
notifications of interest in the shares and are combined solely for the
purposes of clarity. Nothing herein should be taken to indicate that FMR
Corp. and its direct and indirect subsidiaries, Fidelity International
Limited and its direct and indirect subsidiaries or Mr. Edward C. Johnson 3d
act as a group or in concert in respect of the disclosed interests, or that
they are required to submit these notifications on a joint basis.
6. The disclosable interests arise under section 208 (4)(b) of the Act, namely
where a person, not being the registered holder, is entitled to exercise a
right conferred by the holding of the shares or to control the exercise of
such rights, or under section 203 of the Act respectively.
From FMR Corp
Schedule A
Security: British Airways Plc Amendment NO 3
SHARES MANAGEMENT
HELD COMPANY NOMINEE/REGISTERED NAME
Ordinary
Shares
10,913,400 FMRCO HSBC
815,600 FMRCO CHASE NOMINEES LIMITED
40,200 FMRCO STATE STREET NOMINEES LIMITED
81,200 FMTC STATE STREET NOMINEES LTD
655,800 FMTC HSBC
88,200 FMTC BANK OF NEW YORK-EUROPE
67,500 FMTC NORTRUST NOMINEES
136,300 FMTC NATIONAL CITIES
13,500 FPM NORDEAU
6,033,209 FISL CLYDESDALE BANK (HEAD OFFICE) NOMINEES LTD
90,300 FIL CHASE NOMINEES LTD
1,107,470 FIL NORTRUST NOMINEES LTD
421,990 FIL BANKERS TRUST
369,812 FIL CLYDESDALE BANK (HEAD OFFICE) NOMINEES LTD
460,130 FIL STATE STREET NOMINEES LTD
498,880 FIL RBS TRUST BANK
136,180 FIL NORTHERN TRUST
21,098,292 FIL HSBC
43,600 FIL CITIBANK
254,200 FIL NATIONAL AUSTRALIA BANK
196,840 FIL MELLON BANK
20,800 FIL CREDIT SUISSE
79,260 FIL KAS ASSOCIATE
74,830 FIL RBS-EDINBURG
10,600 FIL DEUTSCHE BANK AG, LONDON
133,150 FIL JP MORGAN
Total Ordinary Shares 43,841,243
The following shares are based on the assumed conversion of 8,600 ADRs (10
shares per ADR)
86,000 FMRCO HSBC
Total Ordinary Shares and ADRs 43,927,243
Current Ownership Percentage: 4.06%
Shares in issue: 1,082,631,376
Change in holdings since last filing: +625,000 ordinary shares