Holding(s) in Company

Bunzl PLC
16 February 2004


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

BUNZL PLC

2. Name of shareholder having a major interest

SCOTTISH WIDOWS INVESTMENT PARTNERSHIP LTD

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

SCOTISH WIDOWS INVESTMENT PARTNERSHIP LTD ON BEHALF OF LLOYDS TSB GROUP PLC,
LLOYDS TSB BANK PLC AND SCOTTISH WIDOWS GROUP LTD

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

REGISTER HOLDER                               AMOUNT
STATE STREET NOMINEES LTD A/C XBY2         2,346,503
STATE STREET NOMINEES LTD A/C XBY3           118,906
STATE STREET NOMINEES LTD A/C W36A           324,448
STATE STREET NOMINEES LTD A/C W32L           685,796
STATE STREET NOMINEES LTD A/C W3L2            56,788
STATE STREET NOMINEES LTD A/C W33H         2,118,207
STATE STREET NOMINEES LTD A/C XBJ2         2,393,464
STATE STREET NOMINEES LTD A/C XBK2           447,200
STATE STREET NOMINEES LTD A/C W3J3         1,194,259
STATE STREET NOMINEES LTD A/C W3I8            51,996
STATE STREET NOMINEES LTD A/C XBP7           238,074
STATE STREET NOMINEES LTD A/C XBY4         1,266,294
STATE STREET NOMINEES LTD A/C W39Q            46,947
STATE STREET NOMINEES LTD A/C XBY5            37,430
STATE STREET NOMINEES LTD A/C W32Z            68,200
STATE STREET NOMINEES LTD A/C W39N           287,843
STATE STREET NOMINEES LTD A/C W36U           958,590
STATE STREET NOMINEES LTD A/C XBK6         1,097,166
STATE STREET NOMINEES LTD A/C XBS8            11,912
STATE STREET NOMINEES LTD A/C W39F         4,100,199
STATE STREET NOMINEES LTD A/C W39J            59,900
                                         ___________
                                          17,910,122
                                         ===========

5. Number of shares / amount of stock acquired

N/A

6. Percentage of issued class

N/A

7. Number of shares / amount of stock disposed

695,582 SINCE LAST NOTIFICATION

8. Percentage of issued class

0.155%

9. Class of security

ORDINARY SHARES OF 25P

10. Date of transaction

12 FEBRUARY 2004

11. Date company informed

16 FEBRUARY 2004

12. Total holding following this notification

17,910,122

13. Total percentage holding of issued class following this notification

3.994%

14. Any additional information

N/A

15. Name of contact and telephone number for queries

MISS A MARTIN, 020-7495-4950

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

P N HUSSEY, COMPANY SECRETARY

Date of notification

16 FEBRUARY 2004

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.




                      This information is provided by RNS
            The company news service from the London Stock Exchange