Holding in Company

Helical Bar PLC
29 August 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

      HELICAL BAR PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

       FMR CORP.AND FIDELITY INTERNATIONAL LTD AND 
       THEIR DIRECT AND INDIRECT SUBSIDIARIES

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

     IN RESPECT OF NON BENEFICIAL INTEREST 

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

       RBS TRUST BANK                                     173,983
       CHASE NOMINEES LTD                                 409,154
       MSS NOMINEES LTD                                    27,908
       NORTRUST NOMINEES LTD                               71,740
       BT GLOBENET NOMINEES LTD                            58,395
       BANKERS TRUST                                      301,405
       FIDELITY INTERNATIONAL LTD                         115,719
       STATE STREET BANK NOMINEES LTD                     338,061
       YALE BANK (HEAD OFFICE) NOMINEES LIMITED           290,600
       STATE STREET NOMINEES LTD                           20,000
  
5)   Number of shares/amount of stock acquired.



6)   ( - %) of issued Class

7)   Number of shares/amount of stock disposed

       -

8)   ( - %) of issued Class

9)   Class of security

     ORDINARY 5P SHARES

10)  Date of transaction



11)  Date company informed

     29 AUGUST 2000

12)  Total holding following this notification

     1,806,965
               
              
13)  Total percentage holding of issued class following this notification

      6.04%

14)  Any additional information

     COMPANIES ACT 1985 SS198-202
     DISCLOSURE OF INTEREST IN SHARES

15)  Name of contact and telephone number for queries

     T J MURPHY
     020 7629 0113

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ....29 AUGUST 2000