ALV Alvis

RNS Number:1645B
Alvis PLC
23 July 2004



Notifiable Interests

Alvis plc announces the following transfers of Alvis plc ordinary shares of 25p
each by the Alvis Employee Benefit Trust in order to satisfy the exercise of
options by employees under Alvis executive option schemes.

No. of      Date of         Date Company    % of issued    Exercise price per
shares      disposal        informed        class          shares

11,000      22.07.2004      22.07.2004      0.01           #1.18

After the transaction the Alvis Employee Benefit Trust has an interest in
2,325,144 ordinary shares of Alvis plc representing 2.09% of the total number of
shares in issue.

The Alvis Employee Benefit Trust is deemed to be a connected person to the Alvis
plc executive directors as they are, in common with all other Alvis employees,
potential beneficiaries of the Trust.






                      This information is provided by RNS
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