ISIS Isis Asset Man

RNS Number:8332C
Monterrico Metals PLC
10 September 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.         Name of company
           Monterrico Metals Plc

2.         Name of shareholder having a major interest
           ISIS Asset Management 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 above

4.         Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them
           Chase Nominees Limited (1,305,370 shares)

5.         Number of shares/amount of stock acquired
           Not stated

6.         Percentage of issued class
           N/A

7.         Number of shares/amount of stock disposed
           Not stated

8.         Percentage of issued class
           Not stated

9.         Class of security
           Ordinary 10p Shares

10.        Date of transaction
           Not stated

11.        Date company informed
           9th September 2004

12.        Total holding following this notification
           2,633,830 shares

13.        Total percentage holding of issued class following this notification
           13.04%

14.        Any additional information
            As a material holding Active Capital Trust holds 1,305,370 representing 6.47%

15.        Name of contact and telephone number for queries

           Christopher Eager

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







Date of notification: 10 th September 2004


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

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