Holding(s) in Company

London Stock Exchange Plc
05 August 2004

London Stock Exchange plc

5 August 2004

London Stock Exchange plc received the following letter from Threadneedle
Investments on 4 August 2004.

SECTION 198 COMPANIES ACT 1985

We refer to the letter dated 3 March 2004, disclosing a Notifiable Interest of
Zurich Financial Services and its Group in the shares of your Company.

In accordance with the provisions of the above Section, we would inform you of a
change to their notifiable interest over shares in your Company, which are held
as detailed on the attached schedule.


Registered Owner                                         Ordinary 55/6p Shares

BNY (OCS) Nominees Ltd                  A/c 219064                     564,552
Littledown Nominees Ltd                 A/c 07199                       50,466
Littledown Nominees Ltd                 A/c 07207                    1,055,704
Littledown Nominees Ltd                 A/c 02642                      313,499
Littledown Nominees Ltd                 A/c 21688                      429,920
Littledown Nominees Ltd                 A/c 07205                      440,206
Littledown Nominees Ltd                 A/c 11121                       25,714
Littledown Nominees Ltd                 A/c 02891                   15,669,760
Littledown Nominees Ltd                 A/c 03449                      257,142
Williams & Glyns Nominees Limited       A/c 0700096001                 115,714
TOTAL                                                               18,922,677

Notes

Littledown Nominees Ltd is a nominee for the ZFS Group subsidiaries: Allied
Dunbar Assurance plc, Eagle Star Insurance Company Ltd; Eagle Star Life
Assurance Company Ltd; Zurich Financial Services UK Pension Trustee Ltd; Eagle
Star Executives Pension Trustee Ltd; Eagle Star Securities Ltd; Sceptre Trust
Ltd; Home & Overseas Insurance Company Ltd.  It is also a nominee for various
companies not within the ZFS Group.

BNY (OCS) Nominees Ltd is a nominee for the ZFS Group subsidiaries: Zurich
Insurance Company (UK) Ltd and Zurich International (UK) Ltd.  It is also a
nominee for various companies not within the ZFS Group.

Williams & Glyns (Isle of Man) Nominee Ltd is a nominee for ZFS Group
subsidiary, Allied Dunbar International Assurance Ltd, and for the Royal Bank of
Scotland (Isle of Man) Limited, the Trustee for Allied Dunbar International
Funds Ltd.

ZFS is Zurich Financial Services, a company incorporated in Switzerland.

This notification is made on behalf of:

Allied Dunbar International Assurance Ltd;  Allied Dunbar International Fund
Managers Ltd and Allied Dunbar Assurance plc;

Eagle Star Group Services Ltd, Eagle Star Life Assurance Company Ltd, Zurich
Financial Services UK Pension Trustee Ltd, Eagle Star Executives Pension Trustee
Ltd and Eagle Star Holdings Limited;

Zurich Insurance Co (UK) Ltd

Allied Zurich Holdings Ltd, Zurich Financial Services (UKISA) Ltd, Zurich Group
Holding, Zurich Insurance Company and Allied Zurich plc, the intermediate
holding companies of the aforementioned companies, and Zurich Financial
Services, their ultimate holding company.

The shares could be available for lending and this could lead to a short term
re-registration.


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