Findel PLC

7 March 2003

DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1) NAME OF COMPANY

FINDEL PLC

2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SCHRODERS 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

SCHRODERS PLC AND ITS SUBSIDIARIES AND AFFILIATES ON A

DISCRETIONARY BASIS UNDER INVESTMENT MANAGEMENT AGREEMENTS

4) Name of the registered holder(s) and, if more than one holder,

the number of shares held by each of them

SCHRODER INVESTMENT MANAGEMENT LIMITED 8,998,044

SCHRODER NOMINEES LIMITED 25,000

SCHRODER UNIT TRUSTS LIMITED/

CHASE NOMINEES LIMITED 5,345,534

MINEWORKERS' PENSION SCHEME A/C:R 753,000

IMPERIAL PENSIONS NOMINEES LIMITED 350,000

BRITISH COAL STAFF SUPERANNUATION A/C:P 1,571,000

CHASE NOMINEES LIMITED 550,000

CHASE MANHATTAN BANK 253,510

NORTRUST NOMINEES LIMITED 150,000

__________

3,627,510

__________

SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INC

CHASE NOMINEES LIMITED 1,000,000

__________

9,998,044

__________

11.94% of 83,702,045

5) Number of shares/amount of stock acquired

6) Percentage of issued Class

7) Number of shares/amount of stock disposed

704,624

8) Percentage of issued Class

0.79%

9) Class of security

ORDINARY 5P SHARES

10)Date of transaction

NOT KNOWN

11)Date company informed

6 MARCH 2003

12)Total holding following this notification

9,998,044

13)Total percentage holding of issued class following this

notification

11.94%

14)Any additional information

15)Name of contact and telephone number for queries

 

I.J. BOLTON

01943 864686

 

16)Name and signature of authorised company official responsible for

making this notification

 

I.J. BOLTON

COMPANY SECRETARY

Date of Notification 7 MARCH 2003



END