RNS No 1701c
GOOCH & HOUSEGO PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

GOOCH & HOUSEGO PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

3I SMALLER QUOTED COMPANIES INVESTMENT TRUST 

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 (2) ABOVE

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

NB LOMBARD STREET 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

N/A

8)  ( N/A %) of issued Class

9)  Class of security

ORDINARY SHARES OF 20P

10) Date of transaction

N/A

11) Date company informed

02.01.98

12) Total holding following this notification

715,000

13) Total percentage holding of issued class following this notification

4.23

14) Any additional information

N/A

15) Name of contact and telephone number for queries

DAVID SCOTT  -  0171 826 4419

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

TONY HEALS  -  01460 52271

    Date of Notification....27.01.98............


END

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