Holding in Company

Molins PLC
12 December 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     MOLINS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     MOURANT & COMPANY TRUSTEES 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

     NOT ADVISED

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

     MOURANT & COMPANY TRUSTEES LIMITED

5)   Number of shares/amount of stock acquired.

     NOT APPLICABLE

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     NOT APPLICABLE

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 25p EACH

10)  Date of transaction

     NOT APPLICABLE

11)  Date company informed

     11 DECEMBER 2000

12)  Total holding following this notification

     1,744,329               
              
13)  Total percentage holding of issued class following this notification

     8.22%

14)  Any additional information

     NOTIFICATION ARISES FROM REDUCTION IN ISSUED SHARES OF MOLINS.

15)  Name of contact and telephone number for queries

     ANDREW PENNYCUICK - 01908 216511

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

     Date of Notification ..12 DECEMBER 2000