Holding(s) in Company

IMI PLC
25 July 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     IMI PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     AXA INVESTMENT MANAGERS UK LIMITED

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

     BENEFICIAL 

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

     Beneficial Interest

     Name of the Company/Fund                    Number of Shares
 
     Sun Life Pensions Management Ltd                   726,000
     Sun Life Pensions Management Ltd                 1,255,111
     Sun Life Pensions Management Ltd                 3,767,860
     Sun Life Assurance Society plc                   4,025,027
     Sun Life Unit Assurance Ltd                      1,331,545
     Sun Life Pensions Management Ltd                    15,000
     Sun Life Pensions Management Ltd                    81,200  
     AXA Sun Life plc                                 6,212,548

     Total                                           17,414,291

5)   Number of shares/amount of stock acquired.

     17,414,291

6)   ( 4.94%) of issued Class

7)   Number of shares/amount of stock disposed

     -

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES

10)  Date of transaction



11)  Date company informed

     24.07.02

12)  Total holding following this notification

     17,414,291
               
13)  Total percentage holding of issued class following this notification

     4.94%

14)  Any additional information



15)  Name of contact and telephone number for queries

     PAUL A BOULTON
     DEPUTY IMI COMPANY SECRETARY/SOLICITOR
     0121 356 4848

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

     Date of Notification ...24.07.2002

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