Holding(s) in Company

British Airways PLC
8 March 2002


LETTER TO BRITISH AIRWAYS PLC


                                   BRITISH AIRWAYS
                     S198 COMPANIES ACT 1985 INTEREST IN SHARES

J P Morgan Securities Limited, on behalf of J P Morgan Investment Management
Inc hereby notifies you that it has a beneficial interest in the share capital
of your company as detailed in the schedule below.




                                     Schedule 1

J P Morgan Investment Management Inc.


BRITISH AIRWAYS ORD 25p

Registered Holder                                 32,488,959
                                                  

TOTAL INTEREST 3.00%                              32,488,959



FROM: J P MORGAN SECURITIES LIMITED


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