Holding(s) in Company

Grainger Trust PLC
25 September 2002



Grainger QUEST Trustee Company Limited, a wholly owned subsidiary of Grainger
Trust plc, today transferred a total of 48,647 Grainger Trust plc 25 Ordinary
shares to beneficiaries of the Grainger Trust plc SAYE share option scheme. This
reduces its holding in such shares to 8,060.

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