ACN Advance Capital

RNS No 9373v
ACORN GROUP PLC
1st February 1999


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:
Not notified

6   Percentage of issued class:
Not notified

7   Number of shares/amount of stock disposed:
Not notified

8   Percentage of issued class:
Not notified

9   Class of security:

10p ordinary shares

10  Date of transaction:
Not notified

11  Date company informed:
29 January 1999

12  Total holding following this notification:
4,500,000

13  Total percentage holding of issued class following this notification:
4.89%

14  Contact name for queries:

Richard Conway


15 Contact telephone number:
01223 725000

16  Name of company official responsible for making notification:

Richard Conway

17  Date of notification:
1 February 1999


Additional Information:


END

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