Holding in Company

Cranswick PLC
31 December 2001




LETTER TO CRANSWICK PLC

Disclosure under Section 198 of the Companies Act 1985 

In accordance with the provisions of the above Act, we write to advise you that 
we no longer hold a notifiable interest in the ordinary 10p share capital of 
your company. This has arisen as a result of the following transaction:

Date       Transaction   Number of Shares        Total holding     % Held after 
                                             after Transaction      Transaction

28/12/01      Sale            100,000             600,000               2.96%   


This information is based on 20,245,283 shares in issue.

Our holding is registered in the name of HSBC Global Custody Nominee (UK) 
Limited A/C 811664

FROM FRAMLINGTON INVESTMENT MANAGEMENT LIMITED

FOR AND ON BEHALF OF THE THROGMORTON TRUST PLC