Holding in Company

Rank Group PLC
27 September 2001

 
                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

THE RANK GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

CGNU 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

A NOTIFIABLE INTEREST OF COMPANY (2)


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

SEE BELOW

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) 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

25 SEP 2001


11)  Date company informed

27 SEP 2001


12)  Total holding following this notification

18,383,147

               
13)  Total percentage holding of issued class following this notification

3.11%


14)  Any additional information



15)  Name of contact and telephone number for queries

CHARLES CORMICK
020 7535 8012


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

     Date of Notification ....27 SEP 2001....................



LETTER TO: RANK GROUP PLC  - DATED 25 SEPTEMBER 2001


THE RANK GROUP PLC (THE 'COMPANY') - SEDOL 0724076

This notification supersedes our previous notification to you dated 21 August 
2001.

This notification relates to issued ordinary shares of GBP0.10 each in the 
capital of the Company (the 'shares') and is given in fulfilment of the 
obligations imposed by sections 198 to 202 of the Companies Act 1985 (the 
'Act').

1.    Notification on behalf of Morley Fund Management Limited (a subsidiary of 
CGNU plc).

1.1   We hereby notify you on behalf of Morley Fund Management Limited that 
immediately after the time when the obligation to make this notification arose 
Morley Fund Management Limited were interested in 18,383,147 shares.

1.2   The identity of the registered holders of the shares to which this 
notification relates and the number or shares held by each or them are set out 
in the Appendix below:  Morley Fund Management Limited.

2.    Notification on behalf of CGNU plc.

2.1   We hereby notify you on behalf of CGNU plc that immediately after the time
when the obligation to make this notification arose CGNU plc were interested in 
18,383,147 shares giving the CGNU group a total percentage interest in the 
shares of 3.11%.

2.2   The identity of the registered holders of the shares to which this 
notification relates and the number of shares held by each of them are set out 
in the Appendix below: CGNU plc.

If you require further information as to which companies in the CGNU group hold 
interests in the shares (by virtue of s.203 of the Act) please submit a written 
request and we will be happy to supply this information.

We are only required to notify interests which are defined as material interests
when the holding is equal to 3% or more of the Company's relevant share capital.
The term material interests exclude certain categories where we do not hold a 
beneficial interest, for example where the shares are held in an Authorised Unit
Trust Scheme or Open Ended Investment Company. Holdings in those categories are 
therefore not included in the holding notified under this letter. If you wish us
to confirm the level of holdings in these categories, please let us know.
 
Neil Whittaker
for and on behalf of
GGNU plc



APPENDIX: MORLEY FUND MANAGEMENT LIMITED

REGISTERED HOLDERS                             NUMBER OF SHARES HELD

BNY Norwich Union Nominees Ltd                 9,881,527   (Material) 
Chase GA Group Nominees Ltd                    3,537,981   (Material) 
Chase Nominees Ltd                                19,275   (Material) 
CUIM Nominee Ltd                               4,944,364   (Material)

TOTAL PERCENTAGE INTEREST OF MORLEY FUND MANAGEMENT LIMITED: 3.11% 
ISSUED SHARE CAPITAL ON WHICH THIS NOTIFICATION IS BASED: 591,888,560

APPENDIX: CGNU PLC 

REGISTERED HOLDERS                             NUMBER OF SHARES HELD

BNY Norwich Union Nominees Ltd                 9,881,527   (Material) 
Chase GA Group Nominees Ltd                    3,537,981   (Material) 
Chase Nominees Ltd                                19,275   (Material) 
CUIM Nominee Ltd                               4,944,364   (Material)

TOTAL PERCENTAGE INTEREST OF CGNU PLC: 3.11% 
ISSUED SHARE CAPITAL ON WHICH THIS NOTIFICATION IS BASED: 591,888,560