Holding(s) in Company

Melrose PLC
15 June 2004


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

Melrose PLC


2. Name of shareholder having a major interest

FMR Corp. and its direct and indirect subsidiaries, Fidelity International
Limited and its direct and indirect subsidiaries, and Mr Edward C. Johnson 3d, a
principal shareholder of FMR Corp. and Fidelity International 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

In respect of shareholder named 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

Chase Manhattan Bank London - 944,832
Chase Nominees Ltd - 40,561
HSBC Client Holdings Nominee (UK) Limited - 55,512
Northern Trust - 16,531
State Street Bank & Trust - 67,869
MSS Nominees Ltd - 68,568


5. Number of shares / amount of stock acquired




6. Percentage of issued class




7. Number of shares / amount of stock disposed




8. Percentage of issued class




9. Class of security

Ordinary shares of 0.1p each


10. Date of transaction




11. Date company informed

4 June 2004


12. Total holding following this notification

1,193,873


13. Total percentage holding of issued class following this notification

9.10%


14. Any additional information

These notifications of disclosable interests constitute separate notifications
of interest in the shares and are combined solely for the purposes of clarity
and efficiency. Nothing herein should be taken to indicate that FMR Corp. and
its direct and indirect subsidiaries, Fidelity International Limited and its
direct and indirect subsidiaries or Mr Edward C. Johnson 3d act as a group or in
concert in respect of the disclosed interests, or that they are required to
submit these notifications on a joint basis.


15. Name of contact and telephone number for queries

Simon Peckham, 020 7716 5820


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




Date of notification

15 June 2004


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