RNS Number:4694L
Alvis PLC
22 May 2003



Notifiable Interests

FMR. Corp. and its direct and indirect subsidiaries, and Fidelity International
Limited and its direct and indirect subsidiaries has an interest in 6,850,631
Ordinary Shares of Alvis plc representing 6.26% of the total number of shares in
issue.

The above notifiable interests also comprise the notifiable interest of Mr
Edward C Johnson III, principal shareholder of Fidelity International Limited.

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


Fidelity Management & Research Company
Chase Nominees Limited                                                94,950 
State Street Nominees Limited                                         13,400 
State Street Bank & Trust Company                                    174,000

Fidelity Management Trust Company
State Street Bank & Trust                                            98,800

Fidelity International Limited
Clydesdale Bank (Head Office) Nominees Limited                      284,400 
Chase Manhattan Bank London                                         289,289 
Brown Brothers Harriman Ltd, LUX                                     36,400    
State Street Bank & Trust                                            41,900 
Northern Trust                                                       83,000 
Deutsche Bank                                                       100,557

Fidelity Investment Services Ltd
Clydesdale Bank (Head Office) Nominees Limited                    4,253,612 
Chase Manhattan Bank London                                       1,225,023

Fidelity Pension Management
Chase Nominees Ltd                                                 155,300



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

END

HOLATMRTMMBTBAJ