Holding(s) in Company

British Airways PLC
10 June 2002


LETTER TO BRITISH AIRWAYS PLC

                            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 has a notifiable interest in the share capital of 
your company.



                                Schedule

J.P. Morgan Investment Management Inc 

BRITISH AIRWAYS ADR (10P ORD)

Registered Holder 
-----------------
J.P. Morgan Investment Management Inc                         9,200


BRITISH AIRWAYS ORD 10P

Registered Holder 
-----------------
J.P. Morgan Investment Management Inc                    43,264,905


TOTAL INTEREST 3.99%                                     43,274,105
--------------------                                     ===========


FROM: J P MORGAN SECURITIES LTD



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