Holding(s) in Company

Bunzl PLC
16 May 2003


SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

BUNZL PLC


2. Name of shareholder having a major interest

DEUTSCHE BANK A.G.


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

NON-BENEFICIAL INTERESTS REPRESENTING FUNDS UNDER MANAGEMENT HELD ON BEHALF OF
CLIENTS


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

REGISTERED HOLDERS                                               NO. OF SHARES

HELD AS PRINCIPAL

DEUTSCHE BANK AG LONDON                                              1,113,137
DEUTSCHE BANK SECURITIES INC                                            46,407
HELD IN CLIENT PORTFOLIOS

MORGAN NOMINEES LTD                                                 21,934,804
MORGAN NOMINEES LTD A/C CHY                                             90,117
MORGAN NOMINEES LTD A/C CSL                                             73,724
MORGAN NOMINEES LTD A/C DGR                                            257,900
MORGAN NOMINEES LTD A/C ENF                                            201,100
MORGAN NOMINEES LTD A/C LAM                                            261,400
MORGAN NOMINEES LTD A/C MER                                             70,300
MORGAN NOMINEES LTD A/C NG                                              57,950
MORGAN NOMINEES LTD A/C SAM                                             44,993
MORGAN NOMINEES LTD A/C SL                                             395,532
BANK OF NEW YORK NOMINEES                                            1,932,178
CHASE NOMINEES                                                       8,607,616
CHASE NOMINEES A/C 14186                                               144,974
CLYDESDALE BANK CUSTODIAN NOMINEES                                     112,329
DEUTSCHE ASSET MANAGEMENT FRANKFURT                                     41,179
DEUTSCHE BANK TRUST COMPANY AMERICAS                                    48,364
DEUTSCHE TRUST BANK JAPAN                                              557,800
DWS INVESTMENT GMBH                                                      5,565
HSBC GLOBAL CUSTODY NOMINEES (UK) LTD                                  909,166
LOTHIAN REGIONAL COUNCIL                                               522,822
MELLON NOMINEES                                                        288,771
NORTRUST NOMINEES LTD                                                7,179,182
STATE STREET NOMINEES                                                5,782,179
VIDACOS NOMINEES                                                       193,100
                                                                   -------------
                                                  TOTAL             50,872,589
                                                                   =============


5. Number of shares / amount of stock acquired

1,257,740 SINCE LAST NOTIFICATION


6. Percentage of issued class

0.273%


7. Number of shares / amount of stock disposed

N/A


8. Percentage of issued class

N/A


9. Class of security

ORDINARY SHARES OF 25P


10. Date of transaction

15 MAY 2003


11. Date company informed

16 MAY 2003


12. Total holding following this notification

50,872,589


13. Total percentage holding of issued class following this notification

11.04%


14. Any additional information

N/A


15. Name of contact and telephone number for queries

MRS C MEYER - 020 7495 4950


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

MR P N HUSSEY, COMPANY SECRETARY


Date of notification

16 MAY 2003


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for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
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