Holding in Company

Bunzl PLC
23 November 2001




Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
BUNZL PLC

2   Name of shareholder having a major interest:
HSBC INVESTMENT BANK 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:
HSBC INVESTMENT BANK PLC

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
JAMES CAPEL (NOMINEES) LTD - TS                              70,989
UNKNOWN                                                  14,828,603
                                                       ____________
TOTAL                                                    14,899,592
                                                       ============

5   Number of shares/amount of stock acquired:
14,899,592 (FIRST NOTIFICATION)

6   Percentage of issued class:
3.21%

7   Number of shares/amount of stock disposed:
N/A

8   Percentage of issued class:
N/A

9   Class of security:
ORDINARY SHARES OF 25P

10  Date of transaction:
20 NOVEMBER 2001

11  Date company informed:
23 NOVEMBER 2001

12  Total holding following this notification:
14,899,592

13  Total percentage holding of issued class following this notification:
3.21%

14  Contact name for queries:
MRS C MEYER

15 Contact telephone number:
020-7495-4950

16  Name of company official responsible for making notification:
MR P N HUSSEY, COMPANY SECRETARY

17  Date of notification:
23 NOVEMBER 2001


Additional Information: