RNS Number:2990M
Dexion Absolute Limited
13 June 2003



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     DEXION ABSOLUTE LIMITED     

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     BARCLAYS 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

      AS IN 2

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

      CLYDESDALE NOMINEES HGB0125
      30,000 ORDINARY SHARES

      ZEBAN NOMINEES LIMITED
      3,640,305 ORDINARY SHARES

5)   Number of shares/amount of stock acquired.

      3,670,305 ORDINARY SHARES


6)   (10.8%) of issued Class


7)   Number of shares/amount of stock disposed

       N/A


8)   ( N/A %) of issued Class


9)   Class of security

     ORDINARY SHARES OF GBP0.01 EACH

10)  Date of transaction

       N/A

11)  Date company informed

      13 JUNE 2003

12)  Total holding following this notification

      3,670,305 ORDINARY SHARES
               
13)  Total percentage holding of issued class following this notification

     10.8%

14)  Any additional information

      ADVICE OF NOTIFIABLE INTEREST MADE BY LETTER DATED
      12 JUNE 2003 UNDER SECTION 202(3) OF THE ACT

15)  Name of contact and telephone number for queries

     JO NICOLLE - 01481 717879

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

     Date of Notification ..13 JUNE 2003.......



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

HOLFJMMTMMABBAJ