Holding(s) in Company

R.E.A.Hldgs PLC
2 May 2002



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     R.E.A. HOLDINGS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PRUDENTIAL PLC
     PRUDENTIAL PENSIONS LIMITED
     THE PRUDENTIAL ASSURANCE COMPANY LTD

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

     JOINT INTEREST OF SHAREHOLDERS SHOWN IN 2 ABOVE

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

     HELD JOINTLY BY ALL HOLDERS

5)   Number of shares/amount of stock acquired.

     1,007,646

6)   (7.91%) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 25P EACH

10)  Date of transaction



11)  Date company informed

     01.05.2002

12)  Total holding following this notification

     1,007,646
               
13)  Total percentage holding of issued class following this notification

     7.91%

14)  Any additional information

     THIS NOTIFICATION RELATES TO A CHANGE IN PERCENTAGE HOLDING FOLLOWING AN 
     ISSUE OF SHARES BY R.E.A. HOLDINGS PLC 

15)  Name of contact and telephone number for queries

     D B EGERTON
     020 7419 0100

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

     Date of Notification ...2ND MAY 2002........



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