Holding in Company

Bulgin PLC
14 May 2001

BULGIN PLC
14 MAY 2001

Bulgin PLC ('the Company') - Notifiable interest

The Company has been informed by a letter dated 11 May 2001 that Specialist
Holdings Limited, following a purchase of 100,000 ordinary shares on 11 May
2001, is now interested in 4,552,000 ordinary shares which represents 10.06%
of the issued ordinary share capital.



END