RNS No 8094x
ACORN GROUP PLC
2nd July 1998



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Acorn Group PLC

2   Name of shareholder having a major interest:
Lehman Brothers Holdings Plc

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:
2 above

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Lehman Brothers Holdings Plc

5   Number of shares/amount of stock acquired:
13,250,000

6   Percentage of issued class:
14.31%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
10p Ordinary Shares

10  Date of transaction:
26 June 1998

11  Date company informed:
2 July 1998

12  Total holding following this notification:
13,250,000

13  Total percentage holding of issued class following this notification:
14.31%

14  Contact name for queries:
Richard Conway

15 Contact telephone number:
01223 725002

16  Name of company official responsible for making notification:
Richard Conway, Company Secretary

17  Date of notification:
2 July 1998


Additional Information:


END

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