Holding(s) in Company

De La Rue PLC
07 July 2006


NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.  Name of Company.

De La Rue plc


2.  Name of Shareholder with a major interest.


Morgan Stanley Securities Limited ('MSSL')


3.  Please state whether notification indicates that it is regarding the holding
of the shareholder named in 2 above; 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.


Please see additional information below


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


Please see additional information below


5.  Number of shares/amount of stock acquired.


As at 4 July 2006, Morgan Stanley Securities Limited ('MSSL'), acquired an
interest in the shares of the Company that resulted in a total holding of
4,945,757 shares, being approximately 3.% of the issued share capital of the
Company.


6.  Percentage of issued class.


As at 4 July 2006, Morgan Stanley Securities Limited ('MSSL'), acquired an
interest in the shares of the Company that resulted in a total holding of
4,945,757 shares, being approximately 3.% of the issued share capital of the
Company.


7.  Number of shares/amount of stock disposed.


0


8.  Percentage of issued class.


0


9.  Class of Security.


Ordinary Shares of 277/9p


10. Date of Transaction.


4 July 2006


11. Date listed company informed.


Letter received 6 July 2006


12. Total holding following this notification.


4,945,757


13. Total percentage holding of issued class following this notification.


3%


14. Any additional information.


MSSL have ttransferred from time to time 4,644,028 shares to a third party on
terms which gives MSSL the right to require the return of an equivalent number
of shares. Accordingly, MSSL's interest in 4,644,028 shares is pursuant to
Section 208(5) of the Companies Act 1985.


MSSL is a member of the Morgan Stanley group of companies. Those group companies
which are direct or indirect holding companies of MSSL are, under the terms of
Section 203 of the Act 1985, each interested by attribution in any shares in
which MSSL is interested.


15. Name of contact and telephone number for queries.


Mark Fearon, Head of Corporate Affairs 01256 605303

Louise Fluker, General Counsel & Company Secretary 01256 605311


16. Name and signature of duly authorised officer of the listed company 
responsible for making this notification.


Louise Fluker



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