Holding in Company

Brown (N.) Group PLC
20 August 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     BROWN (N.) GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     ZURICH FINANCIAL SERVICES AND ITS GROUP

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     AS IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     LITTLEDOWN NOMINEES LTD - 2,000,000
     LITTLEDOWN NOMINEES LTD -   380,000
     LITTLEDOWN NOMINEES LTD -   564,380
     LITTLEDOWN NOMINEES LTD - 1,510,000
     LITTLEDOWN NOMINEES LTD -    95,500
     LITTLEDOWN NOMINEES LTD -   284,200
     LITTLEDOWN NOMINEES LTD - 1,050,000
     LITTLEDOWN NOMINEES LTD -   450,300
     LITTLEDOWN NOMINEES LTD - 5,646,496
     RBSTB NOMINEES LTD      -    25,950
     RBSTB NOMINEES LTD      -    23,300
     RBSTB NOMINEES LTD      -     8,000
     RBSTB NOMINEES LTD      -    15,000
     RBSTB NOMINEES LTD      -   445,300
     
5)   Number of shares/amount of stock acquired.



6)   (    %) of issued Class


7)   Number of shares/amount of stock disposed


8)   (    %) of issued Class


9)   Class of security

     10p ORDINARY SHARES

10)  Date of transaction

     NOT DISCLOSED

11)  Date company informed

     17.08.01

12)  Total holding following this notification

     12,498,426 SHARES

13)  Total percentage holding of issued class following this notification

     4.26%

14)  Any additional information



15)  Name of contact and telephone number for queries

     P F HARLAND, COMPANY SECRETARY - 0161 238 2141

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ..20 AUGUST 2001