Holding(s) in Company

Derwent Valley Holdings PLC
01 August 2002


                                        SCHEDULE 10

                     NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)        Name of company:
           DERWENT VALLEY HOLDINGS PLC

2)        Name of shareholder having a major interest:
           ABP Investments

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:  N/A

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

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:
          N/A

8)        Percentage of issued class:
           N/A

9)        Class of security:
           5p ordinary shares

10)       Date of transaction:
           N/A

11)       Date company informed:
           July 31, 2002

12)       Total holding following this notification:
           1,610,818

13)       Total percentage holding of issued class following this notification:
           3.03%

14)       Any additional information:
           -

15)       Name of contact and telephone number for queries:
           T J Kite  -  020 7659 3000

16)       Name and signature of authorised company official responsible for
          making this notification:
           T J Kite

           Date of notification:        August 1,   2002


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