Holding in Company
British Airways PLC
4 October 2001
LETTER TO BRITISH AIRWAYS PLC
DATED 3 OCTOBER 2001
Re: Section 198 Notification
Company Secretary:
Below is a Section 198 Notification dated 2 October 2001.
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
1,082,609,165 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.
LETTER DATED 2 OCTOBER 2001
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 capita) to which this relates:
Ordinary Shares (1,082,609,165 shares outstanding)
Number of shares in which the Companies have an interest:
88,645,640
Name(s) of registered holder(s):
See Schedule B
LETTER FROM: THE CAPITAL GROUP COMPANIES, INC.
As of 2 October 2001
Number of Percent of
Shares Outstanding
The Capital Group Companies, Inc. ('CG') holdings 88,645,640 8.19%
Holdings by CG Management Companies and Funds:
* Capital Guardian Trust Company 11,951,100 1.10%
* Capital International Limited 5,198,700 0.48%
* Capital International S.A. 1,713,500 0.16%
* Capital International, Inc. 19,000 0.00%
* Capital Research and Management Company 69,763,340 6.44%
Schedule A
Schedule of holdings in British Airways plc
As of 2 October 2001
Capital Guardian Trust Company
Registered Name Local Shares
State Street Nominees Limited 1,792,800
Bank of New York Nominees 183,300
Chase Nominees Limited 5,476,700
BT Globenet Nominees Ltd. 14,300
Midland Bank plc 1,991,300
Bankers Trust 816,100
Barclays Bank 445,200
Nortrust Nominees 1,173,000
Citibank NA 20,900
Mellon Nominees (UK) Limited 37,500
TOTAL 11,951,100
Capital International Limited
Registered Name Local Shares
State Street Nominees Limited 439,500
Bank of New York Nominees 604,800
Chase Nominees Limited 1,499,200
Midland Bank plc 41,000
Bankers Trust 948,200
Barclays Bank 82,000
Citibank London 70,000
Morgan Guaranty 89,500
Nortrust Nominees 759,600
Royal Bank of Scotland 48,000
MSS Nominees Limited 160,000
State Street Bank A Trust Co. 70,000
Lloyds Bank 57,000
Vidacos Nominees Ltd. 28,000
Citibank NA 70,000
Deutsche Bank AG 78,400
HSBC Bank plc 68,000
KAS UK 29,000
Bank One London 56,500
TOTAL 5,198,700
Capital International S.A.
Registered Local Shares
State Street Nominees Limited 23,000
Chase Nominees Limited 767,000
Midland Bank plc 307,600
Barclays Bank 120,700
Nortrust Nominees 33,000
Morgan Stanley 36,500
Royal Bank of Scotland 152,000
National Westminster Bank 22,700
Lloyds Bank 17,000
RBSTB Nominees Ltd. 30,000
Deutsche Bank AG 84,000
HSBC Bank plc 120,000
TOTAL 1,713,500
Capital International, Inc.
Registered Name Local Shares
Bank of New York Nominees 19,000
TOTAL 19,000
Capital Research and Management Company
Registered Name Local Shares
State Street Nominees Limited 1,604,800
Chase Nominees Limited 67,994,540
Cede & Co. 164,000
TOTAL 69,763,340
Schedule B