Holding in Company

Victrex PLC
4 January 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VICTREX PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     DEUTSCHE BANK AG

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



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

     SEE BELOW

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 1P EACH

10)  Date of transaction

     NOT KNOWN

11)  Date company informed

     4/1/01

12)  Total holding following this notification

     7,883,095
               
              
13)  Total percentage holding of issued class following this notification

      10.01%

14)  Any additional information



15)  Name of contact and telephone number for queries

     01253 897724

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

     Date of Notification .4TH JANUARY 2001


SCHEDULE

                                    VICTREX PLC
                                  ORDINARY 1P SHARES

Registered Holders                                         No of Shares

CSFB Depositary                                                87,000
Morgan Nominees                                             2,498,341
Morgan Nominees D131                                        3,761,117
MSS Nominees                                                   92,100
Nortrust Nominees                                              33,000
RBSTB Nominees                                              1,411,537

Total                                                       7,883,095

2 January 2001