Hldng in Company-Replacement

Gleeson(M J)Group PLC
28 March 2002

M J GLEESON GROUP PLC

28 MARCH 2002



The issuer advises that the following statement replaces the 'Holding in
Company' announcement released today, 28 March 2002, at 15:06, under RNS number
7969T.  

The announcement now states that 'The Company was notified on 28 March
2002 by JP Morgan Securities Limited, on behalf of The Fleming Mercantile
Investment Trust plc.......' instead of 'The Company was notified on 28 March
2002 that JP Morgan Securities Limited....'.  The full correct text appears
below.



                     M J GLEESON GROUP PLC ('the Company')

                               HOLDING IN COMPANY


The Company was notified on 28 March 2002 by JP Morgan Securities Limited, on
behalf of The Fleming Mercantile Investment Trust plc, that they no longer has a
notifiable interest in the capital of M J Gleeson Group plc.



END


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