RNS Number:2338L
Leggmason Investors Enterprise PLC
16 May 2003

LEGGMASON INVESTORS ENTERPRISE PLC (the "Company")

SUBSTANTIAL SHAREHOLDER



The Company has today been notified that following a sale of 250,000

ordinary 25p shares in the Company on 15 May 2003, Laxey Partners Limited

on behalf of various discretionary managed accounts, now has an interest in

4,145,000 ordinary 25p shares in the Company, representing 15.28% of the

Company's issued share capital.





16 MAY 2003







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