RNS No 1898u
MOLINS PLC

                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

MOLINS PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

MERCURY ASSET MANAGEMENT PLC AND RBSTB TRUST CO LTD

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

SEE BELOW

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.

NOT NOTIFIED

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

N/A

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

8 JULY 1997

12) Total holding following this notification

1,062,140

13) Total percentage holding of issued class following this notification

3.06

14) Any additional information

N/A

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......9 JULY 1997.......


LETTER TO MOLINS PLC

COMPANIES ACT 1985 ss. 198-202
DISCLOSURE OF INTERESTS IN SHARES

Pursuant to the above provisions we hereby notify you on behalf of our client(s)
of the following change of interest in shares of your Company on behalf of
certain of our discretionary management clients who are invested in an
unauthorised unit trust of which we are the investment manager.

As at 4 July, 1997, the interest is as follows:-

Name of Trusts:     RBSTB Trust Co. Ltd. as Trustee for BCPS Unit Trust A Fund
                    and RBSTB Trust Co. Ltd. as Trustee for BCPS Unit Trust B
                    Fund

Class of Shares:    25p Ordinary Shares

Holding:            1,062,140

Aggregate Level
of Interest:        3.06%

There is currently one unitholder in each of the Trusts. The unitholder does not
have voting discretion over the shares held in the Trusts.

LETTER FROM  MERCURY ASSET MANAGEMENT PLC

END


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