Holding in Company

Molins PLC
8 November 2000



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     MOLINS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     SCHRODER INVESTMENT MANAGEMENT LIMITED AND SUBSIDIARY AND AFFILIATED
     COMPANIES, 
     SCHRODER PLC

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

     NON-BENEFICIAL INTEREST

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

     FOR SCHRODER INVESTMENT MANAGEMENT LIMITED

     SCHRODER NOMINEES LIMITED                              40,000
     CHASE NOMINEES LIMITED                              2,400,000
     MINEWORKERS PENSION SCHEME (CLIENT)
     NOMINEES LIMITED A/C: R                               420,119
     BRITISH COAL STAFF SUPERANNUATION SCHEME (CLIENT)
     NOMINEES LTD A/C: P                                   973,579

     FOR SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INC
     
     CHASE NOMINEES LIMITED                                800,350
                                                         ---------
                                                         4,634,048

5)   Number of shares/amount of stock acquired.

     NOT APPLICABLE

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     NOT NOTIFIED

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 25p EACH

10)  Date of transaction

     NOT NOTIFIED

11)  Date company informed

     7 NOVEMBER 2000

12)  Total holding following this notification

     4,634,048 
              
13)  Total percentage holding of issued class following this notification

     20.57%

14)  Any additional information



15)  Name of contact and telephone number for queries

     ANDREW PENNYCUICK - 01908 216511

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

     Date of Notification .....8 NOVEMBER 2000