Holding(s) in Company

Oxford Instruments PLC
20 March 2002

20 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
4,717,527 ordinary shares in our Company, representing 9.86% of the issued share
capital, as follows:

    No. of Shares Held       Management Company        Nominee/Registered Name

             1,295,700       FISL                      Chase Nominees Ltd
               899,100       FPM                       Bankers Trust
               909,615       FPM                       Chase Nominees Ltd
                63,680       FPM                       MSS Nominees Ltd
               446,832       FIL                       Northern Trust
               149,700       FIL                       BT Globenet Nominees Ltd
               563,200       FIL                       Chase Nominees Ltd
               389,700       FIL                       RBS Trust Bank
             4,717,527

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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