Holding(s) in Company

RM PLC
27 January 2004


27 January 2004


                                      RM plc


RM plc today, received a communication dated 26 January 2004 from Schroder
Investment Management Limited, which stated that they have an interest in
20,507,256 shares of the Company, which are held in portfolios managed by them
on a discretionary basis for clients under investment management agreements.

Included in this figure are:
     
(i)  10,474,978 shares held in (a) unit trust(s) operated and managed by an 
     affiliated company, Schroder Unit Trusts Limited (SUTL) and registered or 
     to be registered in the name of Chase Nominees Limited.
     
(ii) 10,032,278 shares neither registered nor to be registered in the name of 
     Schroder Nominees. The registration details are shown below.

Registration                                                No of Shares held

Chase Nominees Limited                                                750,000
Imperial Pensions Nominees Limited                                    900,000
Mineworkers' Pension Scheme a/c: R                                  4,200,000
British Coal Staff Superannuation a/c: P                            4,182,278
                                                                   10,032,278

An affiliated company, Schroder Investment Management North America Inc (SIMNA
Inc), is managing a portfolio on a similar basis, holding a further 1,700,000
shares. This holding is registered or to be registered in the name of Chase
Nominees Limited.

Schroder Investment Management Limited, their subsidiary and affiliated company
are therefore interested in an overall aggregate of 22,207,256 shares,
representing some 24.757% of the total number of shares in issue, namely
89,700,795 shares.

This notification was made to us:
     
(a)  in respect of Schroders interest as investment managers,

(b)  on behalf of SUTL and SIMNA Inc in relation to the interest it is treated 
     as having under the Companies Act 1985 (the Act), and

(c)  on behalf of Schroders plc., their holding company, which is treated as
     having an interest in all of the above shares under the Act by virtue of 
     its ownership of SUTL, SIMNA Inc and themselves.


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