Holding(s) in Company

British Airways PLC
23 July 2002



Letter to British Airways

                              BRITISH AIRWAYS
                 S198 COMPANIES ACT 1985 INTEREST IN SHARES

J.P. Morgan Securities Ltd, on behalf of J.P. Morgan Investment Management Inc, 
hereby notifies you that it no longer has a notifiable interest in the share 
capital of your company.

Letter from J.P. Morgan Securities Ltd.
 

J.P. Morgan Investment Management Inc                              

BRITISH AIRWAYS ARD (10P ORD)

Registered Holder 

J.P. Morgan Investment Management Inc                              9,200


BRITISH AIRWAYS ORD 10P

Registered Holder 

J.P. Morgan Investment Management Inc                         32,401,365


TOTAL INTEREST 2.99%                                          32,410,565


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