Holding in Company
British Airways PLC
3 October 2001
LETTER TO: BRITISH AIRWAYS PLC
DATED: 1 OCTOBER 2001
Re: Section 198 Notification
Please note that one or more of the affiliates of The Capital Group Companies,
Inc. have made notifications to your company pursuant to Section 198 previously.
For a description of our organization, please visit our Web site at
www.capgroup.com.
For the purposes of this Notification an outstanding share balance of
1,082,571,008 shares was used to calculate the percentages of holdings of the
relevant share capital which determine the notifiable interest. We believe this
outstanding share balance is current; however, if this number is not accurate,
please contact us as soon as possible so we may make the necessary revisions to
this Notification.
SECTION 198 NOTIFICATION
Notification of Increase
This Notice is given by The Capital Group Companies, Inc. on behalf of its
affiliates, including Capital Guardian Trust Company, Capital International
Limited, Capital International S.A., Capital International, Inc., and Capital
Research and Management Company, pursuant to Section 198 of the Companies Act
1985.
The interest in the relevant share capital indicated below arises by virtue of
holdings attributed to the Companies (see Schedule A). These holdings form part
of funds managed on behalf of investment clients by the Companies.
Share capital to which this relates:
Ordinary Shares (1,082,571,008 shares outstanding)
Number of shares in which the Companies have an interest:
80,363,840
Name(s) of registered holder(s):
See Schedule B
As of 1 October 2001
British Airways plc
Number of Percent
Shares of outstanding
The Capital Group Companies. Inc. ('CG') holdings 80,363,840 7.42%
Holdings by CG Management Companies and Funds:
- Capital Guardian Trust Company 8,723,000 0.81%
- Capital International Limited 3,178,800 0.29%
- Capital International SA 691,300 0.06%
- Capital International, Inc. 7,400 0.00%
- Capital Research and Management Company 67,763,340 6.26%
Schedule A
Schedule of holdings in British Airways plc
As of 1 October 2001
Capital Guardian Trust Company
Registered Name Local Shares
State Street Nominees Limited 1,352,700
Bank of New York Nominees 140,500
Chase Nominees Limited 3,828,300
BT Globenet Nominees Ltd 11,000
Midland Bank plc 1,506,200
Bankers Trust 622,300
Barclays Bank 343,900
Nortrust Nominees 871,200
Citibank NA 16,100
Mellon Nominees (UK) Limited 30,800
TOTAL 8,723,000
Schedule B
Capital International Limited
Registered Name Local Shares
State Street Nominees Limited 171,500
Bank of New York Nominees 294,400
Chase Nominees Limited 946,600
Midland Bank plc 16,000
Bankers Trust 858,800
Barclays Bank 32,000
Citibank London 27,400
Morgan Guaranty 76,100
Nortrust Nominees 442,500
Royal Bank of Scotland 18,700
MSS Nominees Limited 62,500
State Street Bank & Trust Co. 27,400
Lloyds Bank 22,200
Vidacos Nominees Ltd. 10,900
Citibank NA 27,400
Deutsche Bank AG 71,100
HSBC Bank plc 26,600
KAS UK 11,300
Bank One London 35,400
TOTAL 3,178,800
Schedule B
Capital International S.A.
Registered Name Local Shares
State Street Nominees Limited 9,000
Chase Nominees Limited 308,000
Midland Bank plc 119,900
Barclays Bank 47,200
Nortrust Nominees 12,900
Morgan Stanley 14,200
Royal Bank of Scotland 59,400
National Westminster Bank 22,700
Lloyds Bank 6,600
RBSTB Nominees Ltd. 11,600
Deutsche Bank AG 32,800
HSBC Bank plc 47,000
TOTAL 691,300
Schedule B
Capital International, Inc.
Registered Name Local Shares
Bank of New York Nominees 7,400
TOTAL 7,400
Schedule B
Capital Research and Management Company
Registered Name Local Shares
State Street Nominees Limited 1,556,500
Chase Nominees Limited 66,042,840
Cede & Co. 164,000
TOTAL 67,763,340
Schedule B
FROM: CAPITAL GROUP COMPANIES INC.