Holding(s) in Company

De La Rue PLC
04 November 2003


De La Rue plc

25p Ordinary Shares


The Company on 4 November 2003 received a letter dated 4 November 2003 from
Schroder Investment Management Limited giving notice that, pursuant to s198
Companies Act (as amended) by the Disclosure of Interest in Shares (Amendment)
Regulations 1993, their interest in the Ordinary Shares of 25p each of the
Company is as follows:


Schroder Investment Management Limited have an interest in 26,033,044 shares
which are held in portfolios managed by us on a discretionary basis for clients
under investment management agreements.


Included in this figure are:

(i)   7,869,338 shares registered or to be registered in the name of our
      wholly-owned subsidiary nominee company, Schroder Nominees Limited
      (Schroder Nominees),

(ii)  7,242,180 shares held in (a) unit trusts(s) operated and managed by an
      affiliated company, Schroder Unit Trusts Limited (SUTL), and registered or
      to be registered in the name of Chase Nominees Limited, and

(iii) 10,921,526 shares neither registered nor to be registered in the name of
      Schroder Nominees. The registration details are shown on the Schedule
      below.


An affiliated company, Schroder Investment Management North America Inc (SIMNA
Inc), is managing (a) portfolio(s) on a similar basis holding a further
1,150,000 shares. These shares are registered or to be registered in the name of
Chase Nominees Limited.


A subsidiary, Schroder Investment Management North America Ltd (SIMNA Ltd), is
managing (a) portfolio(s) on a similar basis holding a further 157,800 shares.
These shares are registered or to be registered in the name of Chase Nominees
Limited.


Schroder Investment Management Limited and its subsidiary and affiliated
companies are therefore interested in an overall aggregate of 27,340,844 shares,
representing some 15.02% of the total number of shares in issue, namely
182,075,532.


Schedule


De La Rue plc - 25p Ordinary Shares

Registration                                                            Amount
Brown Brothers Harriman Va                                              15,514
Chase Nominees Limited a/c: 03886                                      520,915
Chase Nominees Limited                                                 785,745
Mineworkers' Pension Scheme a/c: R                                     650,194
MSS Nominees Limited a/c: 809797                                       326,329
MSS Nominees Limited a/c: 809803                                       170,787
MSS Nominees Limited a/c: 831286                                       993,246
MSS Nominees Limited a/c: 756593                                       137,465
State Street Nominees Limited                                          133,100
Nutraco Nominees Ltd a/c: GWPPMPS                                      180,281
RBSTB Nominees Ltd a/c: LAUR                                            19,600
HSBC Bank International a/c: 10096301                                   95,500
British Coal Staff Superannuation a/c: P                               596,742
State Street Nominees Limited a/c: 5H57                                663,692
Morgan Nominees Ltd: B a/c                                             412,970
Morgan Nominees Ltd: A a/c                                              13,764
Morgan Nominees Ltd                                                    565,615
Morgan Nominees Ltd: a/c 8002255                                       423,725
Nutraco Nominees Ltd                                                   309,971
Bank of New York                                                       551,000
RBSTB Nominees Ltd                                                     164,357
Nortrust Nominees Limited                                            3,191,014

                                                      Total         10,921,526



Enquiries:

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



4 November 2003






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