RNS Number:5627R
Dexion Absolute Limited
31 October 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



All relevant boxes should be completed in block capital letters.

 1. Name of company

    DEXION ABSOLUTE LIMITED

 2. Name of shareholder having a major interest

    BARCLAYS PRIVATE BANK LIMITED


 3. Please state whether notification indicates that it is in respect of a
    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 that one holder, the number of
    shares held by each of them


    AS IN 2

 5. Number of shares / amount of stock acquired

    2,922,500

 6. Percentage of issued class

    4.57%

 7. Number of shares / amount of stock disposed


 8. Percentage of issued class

 9. Class of security

    'C' SHARES GBP 0.10

10. Date of transaction

    23.10.03

11. Date company informed

    31.10.03

12. Total holding following this notification

    2,922,500

13. Total percentage holding of issued class following this notification

    4.57%

14. Any additional information

    NOTIFICATION BY POST

15. Name of contact and telephone number for queries

    TONY HALLSIDE

    +353 1 631 8312

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

TONY HALLSIDE

Date of notification: 31 OCTOBER 2003

Company Announcement Office          Fax Number 0207 588 6057


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