Holding(s) in Company

Oxford Instruments PLC
25 March 2002

25 March 2002

The Company has been notified today pursuant to the Companies Act 1985 that
Fidelity International Limited (FIL), parent holding company for various direct
and indirect subsidiaries including Fidelity Investment Services (FISL) and
Fidelity Pension Management (FPM), investment manager for various non-US
investment companies and institutional clients, has a notifiable interest in
3,930,627 ordinary shares in our Company, representing 8.22% of the issued share
capital, as follows:

    No. of Shares Held   Management Company      Nominee/Registered Name

    1,295,700                 FISL                 Chase Nominees Ltd
      634,300                 FPM                  Bankers Trust
      661,815                 FPM                  Chase Nominees Ltd
       45,380                 FPM                  MSS Nominees Ltd
      317,832                 FIL                  Northern Trust
      128,200                 FIL                  BT Globenet Nominees Ltd
      563,200                 FIL                  Chase Nominees Ltd
      284,200                 FIL                  RBS Trust Bank
    3,930,627

The notifiable interests also comprise the notifiable interest of Mr Edward C
Johnson 3d, 82 Devonshire Street, Boston, MA 02109 a principal shareholder of
Fidelity International Limited.

The above includes interest held on behalf of authorised unit trust schemes in
the UK, notwithstanding the exemption from reporting pursuant to Section 209(1)
(h) of the Companies Act 1985.



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