Holding in Company

Billam PLC 11 September 2000 Schedule 10 - Notification of Major Interests in Shares 1 Name of company: Billam Plc 2 Name of shareholder having a major interest: Angus George Patrick Forrest 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: In respect of shareholder 2 4 Name of registered holder(s) and, if more than one holder, the number of shares held by each of them: n/a 5 Number of shares/amount of stock acquired: 500,000 6 Percentage of issued class: 0.06% 7 Number of shares/amount of stock disposed: - 8 Percentage of issued class: - 9 Class of security: Ordinary Shares of 0.1p 10 Date of transaction: 8 September 2000 11 Date company informed: 8 September 2000 12 Total holding following this notification: 60,000,000 13 Total percentage holding of issued class following this notification: 7.24% 14 Contact name for queries: Angus Forrest 15 Contact telephone number: 020 7251 9111 16 Name of company official responsible for making notification: Angus Forrest 17 Date of notification: Additional Information:

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