Holding(s) in Company

Montpellier Group PLC
17 September 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


Montpellier Group Plc



2. Name of shareholder having a major interest


Carlton Telecom Inc



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


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


Unibank A/S UBCC a/c UNIBA01



5. Number of shares / amount of stock acquired


N/A



6. Percentage of issued class


N/A



7. Number of shares / amount of stock disposed


400,000



8. Percentage of issued class


0.51%



9. Class of security


Ordinary



10. Date of transaction


24 July 2002






11. Date company informed


17 September 2002



12. Total holding following this notification


9,035,000



13. Total percentage holding of issued class following this notification


11.53%



14. Any additional information


Notified via Company's Registrars



15. Name of contact and telephone number for queries


Catherine Wright - 020 7522 3200



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


A N McArthur, Company Secretary



Date of notification


17 September 2002



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