Holding in Company

Victrex PLC
24 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

     700,000

8)   (0.89%) of issued Class

9)   Class of security

     ORDINARY SHARES AT 1p

10)  Date of transaction

     24.01.01

11)  Date company informed

     24.01.01

12)  Total holding following this notification

     12,410,865
                             
13)  Total percentage holding of issued class following this notification

     15.75

14)  Any additional information



15)  Name of contact and telephone number for queries

     JOAN LITTLEWOOD: [phone]

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

     Date of Notification: 24.01.2001



Letter to: Victrex Technology Centre


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 schedule below.

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

             Tom Dowler
             020 7548 3427
Letter from: M&G Investment Management Limited



                                 SCHEDULE
             NOTIFIABLE POSITION REPORT FOR VICTREX ORD GBP0.01
                          AS AT 23 JANUARY 2001

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

            Registered Holder                        Holding     %

Prudential                                        12,410,865   15.75  Total
 plc                                                                  Notifiable
                                                                      Interest

           CHASE NOMS LT A/C 14914                   376,824   
           
           CHASE NOMS LT A/C 14922                   751,839

           CLYDESDALE BK (H.OFF) NOMS LTD            733,406

           CLYDESDALE BK NOMS LTD CHI              1,150,000

           CLYDESDALE BK NOMS LTD MGA                930,849

           CLYDESDALE BK NOMS LTD MGB              2,000,000

           CLYDESDALE BK NOMS LTD MGC              2,054,663

           CLYDESDALE BK NOMS LTD MGI                751,308

           CLYDESDALE BK NOMS LTD MGT                  6,300

           CLYDESDALE BK NOMS LTD RIT                835,850

           ESMEE FAIRBAIRN CHARITABLE TST            308,000

           M&G INNOVATOR FUND                        439,350

           PRUCLT HSBC GIS NOM(UK) PAC AC          1,522,476

           PRUCLT HSBC GIS NOM(UK) PPL AC            550,000