Holding in Company

Mentmore Abbey Plc
26 September 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     MENTMORE ABBEY PLC 

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     CANADA LIFE GROUP

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

     SEE LETTER BELOW

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     SEE LETTER BELOW

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY 10 pence

10)  Date of transaction



11)  Date company informed

     25/9/2001

12)  Total holding following this notification

     5,548,897
               
13)  Total percentage holding of issued class following this notification

     3.06%

14)  Any additional information



15)  Name of contact and telephone number for queries

     CLIVE DRYSDALE - 020 8946-3159


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

     Date of Notification ...26/9/2001


LETTER TO MENTMORE ABBEY PLC - DATED 25 SEPTEMBER 2001

We are writing to inform you that, as of today, the Canada Life group is now the
beneficial owner of 5,548,897 shares, representing 3.06% of the issued share 
capital.

LETTER FROM CANADA LIFE LIMITED