Holding in Company

Helical Bar PLC
19 April 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     HELICAL BAR PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

      SCHRODER INVESTMENT MANAGEMENT LIMITED

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

      AS IN 2 ABOVE 

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

      NOT ADVISED

5)   Number of shares/amount of stock acquired.

       -

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

       -

8)   ( N/A %) of issued Class

9)   Class of security

      ORDINARY 5p SHARES

10)  Date of transaction

      

11)  Date company informed

      18 April 2001

12)  Total holding following this notification

       NOT ADVISED
               
              
13)  Total percentage holding of issued class following this notification

        LESS THAN 10%

14)  Any additional information

      THE SHAREHOLDER NO LONGER HAS A NOTIFIABLE INTEREST AS THEIR SHAREHOLDING 
      REPRESENTS LESS THAN 10% OF THE NOMINAL VALUE OF THE COMPANY'S SHARE      
      CAPITAL

      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 ...19 APRIL 2001......