Holding in Company

SIG PLC
22 January 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

SIG PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SCOTTISH WIDOWS INVESTMENT PARTNERSHIP GROUP LIMITED ON BEHALF OF:

LLOYDS TSB GROUP PLC
LLOYDS TSB BANK PLC
SCOTTISH WIDOWS GROUP LIMITED

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.

NOT DISCLOSED

SIG INFORMED THAT THE COMPANIES LISTED IN BOX 2 ABOVE HAVE CEASED TO HAVE A 
NOTIFIABLE INTEREST IN THE SHARES OF SIG PLC


5)   Number of shares/amount of stock acquired.

NOT APPLICABLE


6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

NOT DISCLOSED (SEE BOXES 4 AND 14)


8)   ( N/A %) of issued Class

NOT DISCLOSED (SEE BOXES 4 AND 14)

9)   Class of security

10P ORDINARY SHARES

10)  Date of transaction

NOT DISCLOSED


11)  Date company informed

22ND JANUARY 2001


12)  Total holding following this notification

NOT DISCLOSED
               
              
13)  Total percentage holding of issued class following this notification

NOT DISCLOSED - BUT BELOW 3%


14)  Any additional information

SIG INFORMED THAT THE COMPANIES LISTED IN BOX 2 ABOVE HAVE CEASED TO HAVE A
NOTIFIABLE INTEREST IN THE SHARES OF SIG PLC


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 ...22ND JANUARY 2001........................