Holding in Company

SIG PLC
4 August 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

SIG PLC
HILLSBOROUGH WORKS 
LANGSETT ROAD
SHEFFIELD  S6  2LW


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

CGNU PLC

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.

MORLEY FUND MANAGEMENT LIMITED          3,686,530
NORWICH UNION INVESTMENT
 MANAGEMENT LIMITED                     2,785,266

                                        6,471,796

5)   Number of shares/amount of stock acquired.

NOT DISCLOSED

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

NOT DISCLOSED

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF 10p EACH

10)  Date of transaction

NOT DISCLOSED

11)  Date company informed

4TH AUGUST 2000

12)  Total holding following this notification

6,471,796
               
              
13)  Total percentage holding of issued class following this notification

5.47%

14)  Any additional information

TOTAL ISSUED 10p ORDINARY SHARES OF SIG PLC IS 118,225,254

15)  Name of contact and telephone number for queries

MR. J.R. SWYNNERTON
SIG PLC
TEL: [phone]

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

     Date of Notification ............4TH AUGUST 2000