Holding in Company

Rank Group PLC
15 December 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     THE RANK GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     DEVON COUNTY COUNCIL

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

     NOTIFIABLE INTEREST OF COMPANY IN 2) ABOVE AND ITS SUBSIDIARIES

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 SHARES

10)  Date of transaction

     15 DEC 2000

11)  Date company informed

     15 DEC 2000

12)  Total holding following this notification

     25,263,913 SHARES OF 10p EACH
               
              
13)  Total percentage holding of issued class following this notification

     4.249%

14)  Any additional information



15)  Name of contact and telephone number for queries

     SIMON WATKINS: 020 7535 8131

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

     Date of Notification: 15 DEC 2000




Letter to: The Rank Group Plc


Disclosure of Material Interest in Shares
Companies Act 1985 Section 198

As at 14 December 2000 Devon County Council has a material interest in the
following shares in your company:

Registered Holder:             Chase Nominees Ltd.
Amount of Shares:              24,111,957
Percentage of Holding:         4.055%

Please note that the County Council does not have a direct holding in the above
mentioned shares but that it is an interested party in these shares by virtue of
its relationship with Hermes Lens Asset Management Limited.

Please also note that in addition to the above holding, Devon County Council has
a separate interest in the following shares in your company:

Registered Holder:            State Street Nominees Ltd. - A/c XBIB
Amount of Shares:             82,000 
Percentage of Holding:        0.014%

Registered Holder:            Phildrew Nominees Ltd. - A/c DCC
Amount of Shares:             1,069,956
Percentage of Holding:        0.180%


Letter from: Devon County Council