Holding(s) in Company

Walker Greenbank PLC
11 July 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     WALKER GREENBANK PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PALMCO LLP


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

     AS 2 ABOVE


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

     PALMCO LLP -


5)   Number of shares/amount of stock acquired.

     600,000


6)   (1.01%) of issued Class


7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class


9)   Class of security

     1P ORDINARY SHARES


10)  Date of transaction

     09/07/02


11)  Date company informed

     10/07/02


12)  Total holding following this notification

     14,855,728

               
13)  Total percentage holding of issued class following this notification

     25.17%


14)  Any additional information




15)  Name of contact and telephone number for queries

     JULIAN WILSON
     08708 300365


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


     Date of Notification 11 JULY 2002


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            The company news service from the London Stock Exchange