RNS Number:1670D
Monterrico Metals PLC
21 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

           Not stated


5.         Number of shares/amount of stock acquired

           N/A


6.         Percentage of issued class

           N/A


7.         Number of shares/amount of stock disposed

           36,000


8.         Percentage of issued class

           Not stated


9.         Class of security

           Ordinary 10p Shares


10.        Date of transaction

           17 September 2004


11.        Date company informed

           20 September 2004


12.        Total holding following this notification

           2,589,500 shares

13.        Total percentage holding of issued class following this notification

           12.573%


14.        Any additional information



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: 21 September 2004





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