Holding(s) in Company

De La Rue PLC
22 January 2003


De La Rue plc
25p Ordinary Shares



The Company on 21 January 2003 received the following notification from Fidelity
Investments dated 21 January 2003:


Notifications under Sections 198 to 202, Companies Act


1.         Company in which shares are held:  De La Rue plc


2.         Notifiable interest:  Ordinary shares


           FRM Corp.
           82 Devonshire Street
           Boston, MA 02109


           Parent holding company of Fidelity Management & Research Company (FMRCO), investment manager
           for US mutual funds. (See schedule A for listing of Registered Shareholders and their
           holdings).


           Fidelity International Limited (FIL)
           PO Box HM 670
           Hamilton HMCX, Bermuda


           Parent holding company for various direct and indirect subsidiaries, including Fidelity
           Investment Services Ltd. (FISL) and Fidelity Pension Management (FPM), investment managers for
           various non-US investment companies and institutional clients.  (See Schedule A for listing of
           Registered Shareholders and their holdings.)


3.         The notifiable interests also comprise the notifiable interest of:


           Mr Edward C Johnson 3d
           82 Devonshire Street
           Boston, MA 02109


           Principal shareholder of FRM Corp. and Fidelity International Limited.


4.         The notifiable interests include interest held on behalf of authorized unit trust schemes in
           the UK, notwithstanding the exemption from reporting pursuant to Section 209 (1)(h) of the
           Companies Act 1985.


5.         These notifications of disclosable interests constitute separate notifications of interest in
           the shares and are combined solely for the purposes of clarity.  Nothing herein should be taken
           to indicate that FRM Copr. and its direct and indirect subsidiaries, Fidelity International
           Limited and its direct and indirect subsidiaries or Mr Edward C Johnson 3d act as a group or in
           concert in respect of the disclosed interests, or that they are required to submit these
           notifications on a joint basis.


6.         The disclosable interests arise under section 208 (4) (b) of the Act, namely where a person,
           not being the registered holder, is entitled to exercise a right conferred by the holding of
           the shares or to control the exercise of such rights, or under section 203 of the Act
           respectively.



Schedule A


Shares held     Management Company           Nominee/Registered Name
12,253          FMRCO                        Mellon Bank
10,747,233      FISL                         Chase Nominees Ltd
135,002         FISL                         Chase Manhattan Bank London
314,000         FPM                          Chase Nominees Ltd
4,678,000       FIL                          HSBC
607,600         FIL                          Chase Nominees Ltd
169,935         FIL                          Northern Trust
262,670         FIL                          Deutsche Bank
22,000          FIL                          Mellon Nominees Ltd
14,800          FIL                          Bank of New York, Brussels

________
16,963,493
________




The total number of Ordinary Shares held under this notifiable interest is
16,963,493 which represents 9.19% of the number of shares in issue.



Enquiries:


Mark Fearon                Head of Corporate Affairs                   01256 605303
Louise Fluker              General Counsel & Company Secretary         01256 605311



22 January 2003


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