CVD Consol. Vend.

RNS No 2906h
THE CLEVELAND TRUST PLC
1st September 1998


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

THE CLEVELAND TRUST PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

FIDELITY INTERNATIONAL LTD

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

NON-BENEFICIAL

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

CLYDESDALE BANK NOMINEES

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

1,604,361

8)  (3.36 %) of issued Class

9)  Class of security

ORDINARY

10) Date of transaction

NOT KNOWN

11) Date company informed

28 AUGUST 1998

12) Total holding following this notification

N/A

13) Total percentage holding of issued class following this notification

N/A

14) Any additional information

N/A

15) Name of contact and telephone number for queries

P. NEWMAN - SUTHERLAND LIMITED
0171 826 4411

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

    Date of Notification...1ST SEPTEMBER 1998...


END


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