RNS Number:3778L
Alvis PLC
21 May 2003


Notifiable Interests

The following information was notified to Alvis plc on 20 May 2003.

Schroder plc, through its affiliates, Schroder Investment Management Limited,
Schroder Investment Management North America Inc and Schroder Unit Trusts 
Limited has an interest in 16,004,245 Ordinary Shares of Alvis plc representing
14.63% of the total number of shares in issue.

These shares are held by the following registered holder(s):

For Schroder Unit Trusts Limited:
Chase Nominees Limited                         9,652,440

For Schroder Nominees Limited:
British Coal Staff Superannuation a/c          1,860,879
Brown Brothers Harriman                            5,000
Chase Nominees Limited                           900,000
Imperial Pensions Nominees Limited               800,000
Nortrust Nominees Limited                        500,000
Mineworkers' Pension Scheme a/c                  385,926

For Schroder Investment Management North America Inc:
Chase Nominees Limited                          1,900,000



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

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