Holding in Company

Rank Group PLC
22 February 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     THE RANK GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     AXA S.A.

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 SCHEDULE 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

     21 FEB 2001

11)  Date company informed

     22 FEB 2001

12)  Total holding following this notification

     35,429,050 SHARES OF 10P EACH
               
13)  Total percentage holding of issued class following this notification

     5.99%

14)  Any additional information



15)  Name of contact and telephone number for queries

     CHARLES CORMICK         0207 535 8012

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

     Date of Notification ......22 FEB. 2001..................



Letter to Rank Group Plc
21 February 2001

NOTIFICATION OF INTEREST(S) IN SHARES UNDER SECTION 198 COMPANIES ACT 1985
('THE ACT')

RANK GROUP PLC

This notification supersedes any previous notification from AXA Investment
Managers UK Ltd.*

We are writing on behalf of AXA S.A. of 25 Avenue Matignon, 75008 Paris and its
subsidiaries who are deemed to have an interest in these shares.

AXA S.A. knows that they were interested in 60,143,057 ord 10p shares in the 
591,832,652 share capital immediately after the time when the obligation of 
disclosure arose pursuant to section 198 of the Act.  These shares are
represented by a material interest of 35,429,050 shares (5.99%) and a
non-material interest of 24,714,007 shares (4.18%).

The identity of each registered holder of the shares to which this notice
relates, so far as, as known to AXA Investment Managers UK Ltd, as at 20/02/01,
is as per the Appendix below:

This notification of change is due to a decrease in the material holdings from
6.04% to 5.99%.

                      DISCLOSURE OF INTEREST IN SHARES OF
         APPENDIX - NOTICE UNDER SECTION 198 OF THE COMPANIES ACT 1985
                         RANK GROUP PLC ORD 10P SHARES

Total number of shares held as at 20/02/01 was 60,143,057 the breakdown of which
is set out below:

                       
Name of the Company/   Number of   Particulars of       Registered as
Fund                    Shares     Beneficial owners  

AXA UK Investment         31,000   Trustees of AXA UK   HSBC Global Custody
Co. ICVC                           Investment Co.ICVC   Nominee (UK) Limited
Extra Income Fund                  Extra Income Fund    A/C 845030
(Non Material)

AXA UK Investment         15,918   Trustees of AXA UK   HSBC Global Custody
Co. ICVC                           Investment Co.ICVC   Nominee (UK) Limited
UK Tracker Fund                    UK Tracker Fund      A/C 845315
(Non Material)

AXA UK Investment        565,545   Trustees of AXA UK   HSBC Global Custody
Co. ICVC                           Investment Co.ICVC   Nominee (UK) Limited
Distribution Fund                  Distribution Fund    A/C 845029
(Non Material)

AXA UK Investment      1,903,966   Trustees of AXA UK   HSBC Global Custody
Co. ICVC                           Investment Co.ICVC   Nominee (UK) Limited
(Non Material)                     Higher Income Fund   A/C 845017

AXA UK Investment        819,636   Trustees of AXA UK   HSBC Global Custody
Co. ICVC                           Investment Co.ICVC   Nominee (UK) Limited
(Non Material)                     UK Growth Fund       A/C 845005

Sun Life Global            7,400   Trustees of the Sun  Bank Generale Luxembourg
Management Ltd.                    Life 
UK Growth                          Global Management    Midland Bank
(Non Material)                     UK Growth            A/C 750749

AXA World Funds          227,024   (Registration details 
British Equities Fund              available upon request)
(Non Material)

AXA World Funds           19,697   (Registration details
UK Balanced                        available upon request)
(Non Material)

Sun Life Nominees Ltd    145,936   Trustees of the Abb  HSBC Global Custody 
A/C 10                             Kent Pension Scheme  Nominee (UK) Limited
(Non Material)                                          A/C 777043

Sun Life Nominees Ltd     56,884   Trustee of the       HSBC Global Custody
A/C 18                             WABCO Automotive UK  Nominee (UK) Limited
(Non Material)                     Pensions Scheme      A/C 777066

Sun Life Nominees Ltd     32,319   Trustees of the      HSBC Global Custody
A/C 20                             Princes Pension      Nominee (UK) Limited
(Non Material)                     Scheme               A/C 777094
                                   Princes Foods Ltd.

Sun Life Nominees Ltd     89,086   Trustees of the      HSBC Global Custody
A/C 29                             Cobham Pension       Nominee (UK) Limited
(Non Material)                     Plan                 A/C 777167
                                   

Sun Life Nominees Ltd     10,866   Trustees of the      HSBC Global Custody
A/C 31                             Princes (1977)       Nominee (UK) Limited
(Non Material)                     Pension Scheme       A/C 785078
                                   Princes Foods Ltd

Sun Life Nominees Ltd     36,043   Eldridge Pope        HSBC Global Custody
A/C 32                             Pension Fund         Nominee (UK) Limited
(Non Material)                                          A/C 873426

Sun Life Pensions        704,317   Sun Life Pensions    HSBC Global Custody
Management Ltd.                    Management Ltd.      Nominee (UK) Limited
(Material)                                              A/C 867815

Sun Life Pensions      1,743,933   Sun Life Pensions    HSBC Global Custody
Management Ltd                     Management Ltd.      Nominee (UK) Limited
A/C X                                                   A/C 867396
(Material)

Sun Life Pensions      1,021,419   Sun Life Pensions    HSBC Global Custody
Management Ltd                     Management Ltd.      Nominee (UK) Limited
A/C X                                                   A/C 867530
(Material)

Sun Life Pensions      5,413,586   Sun Life Pensions    HSBC Global Custody
Management Ltd                     Management Ltd.      Nominee (UK) Limited
A/C X                                                   A/C 867372
(Material)

Sun Life Assurance     8,779,301   Sun Life Assurance   HSBC Global Custody
Society Plc                        Society Plc          Nominee (UK) Limited
(Material)                                              A/C 776934

Sun Life Unit          1,500,000   Sun Life Unit        HSBC Global Custody
Assurance Ltd                      Assurance Ltd.       Nominee (UK) Limited
A/C X                                                   A/C 867116
(Material)

Sun Life Unit            831,893   Sun Life Unit        HSBC Global Custody
Assurance Ltd                      Assurance Ltd.       Nominee (UK) Limited
A/C X                                                   A/C 867268
(Material)

Sun Life Unit          1,350,735   Sun Life Unit        HSBC Global Custody
Assurance Ltd                      Assurance Ltd.       Nominee (UK) Limited
A/C X                                                   A/C 867050
(Material) 
   
Sun Life Pensions          7,950   Sun Life Pensions    Smith & Williamson
Management Ltd.                    Management Ltd.      Nominees Ltd.
(Material)                                              A/C S66

Sun Life Pensions         38,279   Sun Life Pensions    RBSTB Nominees
Management Ltd                     Management Ltd.      designation Sunpen
(Material)

AXA Royale Belge       1,302,671   (Registration details
(Non Material)                     available upon request)

AXA Colonia Konzern      526,000   (Registration details
(Non Material)                     available upon request)

AXA Financial Inc     15,927,355   (Registration details
(Non Material)                     available upon request)

AXA Insurance UK         700,000   AXA Free             Chase Nominees Ltd.
(Material)                                              A/C BTO1C

AXA Equity & Law      10,393,352   Axa Equity & Law     Axa Equity & Law Life
Life Assurance                     Life Assurance Society  Assurance Society Plc
Society Plc                        Plc                  as AELLAS Plc
(Material)

AXA General Unit         553,648   HSBC Global Custody  HSBC Global Custody
Trust                              (Nominee (UK) Limited   Nominee (UK) Limited
(Non Material)                     as Trustees of the   A/C 880868
                                   Trust

NM Master Trust            5,989   National Mutual Life  State Street Nominees 
Superannuation                     Association of        Ltd.  A/C U828
(fmly NMZ EFG Inter-               Australia (New 
national Sector Fund)              Zealand)
(Material)

NMLA Statutory Funds      39,879   National Mutual Life  State Street Nominees
(Material)                         Association of        Ltd. A/C U827
                                   Australia          32,219 Statutory Fund No.2
                                                       4,695 Statutory Fund No.4
                                                       2,965 Statutory Fund No.5

NMNZ Life Fund            12,344   National Mutual Life  State Street Nominees
(Material)                         Association of        Ltd. A/C U828
                                   Australia
                                   (New Zealand)

NMLA Smaller Companies    11,073   National Mutual Life  State Street Nominees
(Material)                         Association of        Ltd.  A/C UE08
                                   Australia

NMFM International Fund    8,340   Trustees of the NMFM  State Street Nominees
(Non Material)                     International Fund    Ltd.  A/C UE20
                                   

NM Global Fund             4,635   Trustees of the NM    State Street Nominees
(Non Material)                     Global Fund           Ltd.  A/C UE26


AXA General Insurance    875,000   Guardian Royal        Chase Nominees Ltd.
Ltd.                               Exchange Plc and      A/C 13067
(Material)                         Subs.Cos.

Guardian Royal         2,429,638   Guardian Royal        Chase Nominees Ltd.
Exchange Staff Pension             Exchange Staff        A/C 00994
Trustees Corporation               Pension 
(Non Material)

          
                                   Holding as % of Issued Capital

Total Material        35,429,050                 5.99
Total Non-Material    24,714,007                 4.18
                      ----------                ------
          Total       60,143,057                10.16%
                      ==========                ======


AELLAS PLC - AXA Equity & Law Life Assurance Society Plc (previously named as
Equity & Law Life Assurance Society Plc)

AXA Financial Inc - previously named as Equitable Companies, Inc.