RNS Number:9156I
Collins Stewart Holdings PLC
19 March 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


Collins Stewart Holdings plc



2. Name of shareholder having a major interest


Morgan Stanley Securities Limited and, by attribution, the Morgan Stanley group 
of companies



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






4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them


Morgan Stanley Securities Limited



5. Number of shares / amount of stock acquired






6. Percentage of issued class






7. Number of shares / amount of stock disposed






8. Percentage of issued class






9. Class of security


Ordinary shares of 25p



10. Date of transaction


13 March 2003






11. Date company informed


18 March 2003



12. Total holding following this notification


6,364,233 ordinary shares



13. Total percentage holding of issued class following this notification


3.37%



14. Any additional information


Holder transfers from time to time 6,158,233 shares to third parties on terms
which give it the right to require the return of an equivalent number of shares.



15. Name of contact and telephone number for queries


Diana Dyer Bartlett     0207 523 8338



16. Name and signature of authorised company official responsible for making
this notification


Diana Dyer Bartlett



Date of notification


19 March 2003



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