Holding in Company

Bunzl PLC
18 May 2001


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
BUNZL PLC

2   Name of shareholder having a major interest:
ZURICH SCUDDER INVESTMENT LIMITED

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:
ZURICH SCUDDER INVESTMENTS LIMITED ON BEHALF OF THE ZURICH FINANCIAL SERVICES
AND ITS GROUP.

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
LITTEDOWN NOMINEES LTD - A/C 02642                         610,691
LITTEDOWN NOMINEES LTD - A/C 09890                         323,448
LITTEDOWN NOMINEES LTD - A/C 07199                         108,320
LITTEDOWN NOMINEES LTD - A/C 07207                       1,655,000
LITTEDOWN NOMINEES LTD - A/C 07205                       1,923,636
LITTEDOWN NOMINEES LTD - A/C 07201                         773,925
LITTEDOWN NOMINEES LTD - A/C 11121                          68,308
LITTEDOWN NOMINEES LTD - A/C 07198                         185,267
LITTEDOWN NOMINEES LTD - A/C 02891                      10,052,485
LITTEDOWN NOMINEES LTD - A/C 03449                       1,180,191
LITTLEDOWN NOMINEES LTD - A/C 21688                        955,332 
RBSTB NOMINEES LTD                                          30,785
RBSTB NOMINEES LTD                                          48,800
RBSTB NOMINEES LTD                                          15,480
RBSTB NOMINEES LTD                                          30,331
RBSTB NOMINEES LTD                                         486,000
                                                       ____________
TOTAL                                                   18,447,999
                                                       ============

5   Number of shares/amount of stock acquired:
N/A

6   Percentage of issued class:
N/A

7   Number of shares/amount of stock disposed:
4,459,706 SINCE LAST NOTIFICATION

8   Percentage of issued class:
0.96%

9   Class of security:
ORDINARY SHARES OF 25P

10  Date of transaction:
17 MAY 2001

11  Date company informed:
18 MAY 2001

12  Total holding following this notification:
18,447,999

13  Total percentage holding of issued class following this notification:
3.99%

14  Contact name for queries:
MRS C MEYER

15 Contact telephone number:
020-7495-4950

16  Name of company official responsible for making notification:
MR P N HUSSEY, COMPANY SECRETARY

17  Date of notification:
16 JANUARY 2001


Additional Information: