Holding in Company

Victrex PLC
8 January 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

VICTREX PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

PRUDENTIAL 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



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

310,000

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY 1p SHARES

10)  Date of transaction

8/01/01

11)  Date company informed

8/01/01

12)  Total holding following this notification

13,110,865
               
              
13)  Total percentage holding of issued class following this notification

16.64%

14)  Any additional information

SEE BELOW

15)  Name of contact and telephone number for queries

J.LITTLEWOOD
01253 897724

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

     Date of Notification 8TH JANUARY 2001.........


Letter to Victrex plc

COMPANIES ACT 1985 (as amended):
DISCLOSURE OF INTERESTS IN SHARES

In accordance with Part VI of the Companies Act 1985 (as amended)(the 'Act'), we
write to inform you that Prudential plc and certain of its subsidiary companies
have a notifiable interest in the issued share capital of your company as
detailed in the below schedule.

For the purposes of S210 of the Act, the address for those companies identified
in the below schedule is Laurence Pountney Hill London EC4R  0HH.

     NOTIFIABLE POSITION REPORT FOR VICTREX ORD GBP0.01
               as at 05 January 2001

Percentage holdings are calculated using an issued share capital of 78,766,373
ORD GBP0.01 shares

              Registered Holder                     Holding          %

Prudential PLC                                   13,110,865         16.64%
              CHASE NOMS LT A/C 14914               411,800                   
              CHASE NOMS LTD A/C 14922              828,263
              CLYDESDALE BK (H.OFF) NOMS LTD        805,252
              CLYDESDALE BK NOMS LTD CHI          1,180,545
              CLYDESDALE BK NOMS LTD MGA          1,009,150
              CLYDESDALE BK NOMS LTD MGB          2,000,000
              CLYDESDALE BK NOMS LTD MGC          2,369,659
              CLYDESDALE BK NOMS LTD MGI            759,800
              CLYDESDALE BK NOMS LTD MGT              6,300
              CLYDESDALE BK NOMS LTD RIT            835,850
              ESMEE FAIRBAIRN CHARITABLE TST        308,000
              M&G INNOVATOR FUND                    450,000
              PRUCLT HSBC GIS NOM(UK) PAC AC      1,522,476
              PRUCLT HSBC GIS NOM(UK) PPL AC        623,770

Letter from M&G Investment Management Ltd, for and on behalf of Prudential plc