Holding(s) in Company

Melrose PLC
20 May 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Melrose PLC

2. Name of shareholder having a major interest

Artemis 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

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

Artemis Special Situations

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

17 May 2005

12. Total holding following this notification

1,283,333

13. Total percentage holding of issued class following this notification

9.78%

14. Any additional information

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
20 May 2005




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