Holding(s) in Company

Bunzl PLC
26 November 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

BUNZL 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

NON-BENEFICIAL INTERESTS REPRESENTING FUNDS UNDER MANAGEMENT HELD ON BEHALF OF 
CLIENTS

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

REGISTERED HOLDER                                                   HOLDING

M&G (LOMBARD ST) NOMS FPE                                           24,541
MAGIM HSBC GIS NOM (UK) SALI                                        68,041
MGIM A/C DBL A/C                                                    84,234
MGIM A/C JPM A/C RU                                                 4,255,881
PRUCLT HSBC GIS NOM (UK) PAC AC                                     10,561,215
PRUCLT HSBC GIS NOM (UK) PPL AC                                     83,352
PRUCLT HSBC GIS NOM (UK) SALE AC                                    6,500
PRUDENTIAL UK INDEX TRACKER TS                                      2,200
ROY NOMINEES 578079                                                 72,880
ROY NOMS LTD 578052                                                 42,500
ROY NOMS LTD 578060                                                 250,000
ROY NOMS LTD 578141                                                 83,972
ROY NOMS LTD 578192                                                 185,000

TOTAL                                                               15,720,316

5. Number of shares / amount of stock acquired

3,860,483 (SINCE LAST NOTIFICATION)

6. Percentage of issued class

0.82%

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

25 NOVEMBER 2002

11. Date company informed

26 NOVEMBER 2002

12. Total holding following this notification

15,720,316

13. Total percentage holding of issued class following this notification

3.36%

14. Any additional information

N/A

15. Name of contact and telephone number for queries

MRS C MEYER - 020 7495 4950

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

MR P N HUSSEY, COMPANY SECRETARY & GROUP LEGAL ADVISER

Date of notification

26 NOVEMBER 2002

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for loss of business or loss of profits) arising in contract, tort or otherwise
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