Findel PLC

20 March 2003

DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1) NAME OF COMPANY

FINDEL PLC

2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

DEUTSCHE BANK AG

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

DEUTSCHE BANK AG, AND COMPANIES WITHIN ITS GROUP AS FUND MANAGERS

ON BEHALF OF CLIENTS WHOSE PORTFOLIOS ARE MANAGED ON A

DISCRETIONARY BASIS

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

the number of shares held by each of them

Held as Principal No of Shares

Deutsche Bank AG London 356,881

Held in Client Portfolios

Morgan Nominees Limited 4,470,463

Morgan Nominees Limited a/c D131 3,347,566

Morgan Nominees Limited a/c SL 184,500

Deutsche Asset Management Frankfurt 100,000

HSBC Global Custody Nominees (UK) Ltd 108,206

RBSTB Nominees Limited 8,000

TOTAL 8,575,616

5) Number of shares/amount of stock acquired

NOT KNOWN

6) Percentage of issued Class

7) Number of shares/amount of stock disposed

8) Percentage of issued Class

9) Class of security

ORDINARY 5P SHARES

10)Date of transaction

NOT KNOWN

11)Date company informed

19 MARCH 2003

12)Total holding following this notification

8,575,616

13)Total percentage holding of issued class following this

notification

10.24%

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 20 MARCH 2003



END