RNS Number:5797J
Alvis PLC
2 April 2003



Letter to RNS


Notifiable Interests 


Alvis plc announces the following transfers of Alvis plc ordinary shares of
25p each by the Alvis Employee Benefit Trust in order to satisfy the exercise
of options by employees under Alvis executive option schemes. 


No. of        Date of      Date Company       % of issued       Exercise price
Shares        disposal     informed            class            per share 

                          
20,000       1.04.2003      1.04.2003            0.018           81.5p 
65,000       2.04.2003      2.04.2003            0.059          117.5p 


After the transaction the Alvis Employee Benefit Trust has an interest in
4,359,463 ordinary shares of Alvis plc representing 3.99% of the total number
of shares in issue. 


The Alvis Employee Benefit Trust is deemed to be a connected person to the
Alvis plc executive directors as they are, in common with all other Alvis
employees, potential beneficiaries of the Trust. 
 


P E Jarman 
Company Secretary 
Alvis plc


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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