KEN Kendrick Resources Plc

RNS No 1363u
KENWOOD APPLIANCES PLC
17 August 1999


                                 KENWOOD APPLICANCES plc
                                 ("the Company)

The Company was advised on Tuesday (17 August 1999) by Schroder Investment
Management Limited of the following:

"KENWOOD APPLIANCES PLC
10p ORDINARY SHARES ("SHARES")

"Schroder Investment Management Limited have an interest in 5,088,045 shares
which are held in portfolios managed by them on a discretionary basis for
clients under investment management agreements.

"Included in this figure are:

(i)       740,975 shares registered or to be registered in the name of a
          wholly-owned subsidiary nominee company, Schroder Nominees Limited.

(ii)      3,903,320 shares held in (a) unit trust(s) operated and managed by
          another wholly-owned subsidiary, Schroder Unit Trusts Limited (SUTL),
          and registered or to be registered in the name of Popeshead Nominees
          Limited, and

(iii)     443,750 shares registered or to be registered in the name of Nortrust
          Nominees Limited.

They believe that they and their subsidiary companies are therefore interested
in an overall aggregate of 5,088,045 shares, representing some 11.094% of the
total number of shares in issue, namely 45,860,008 shares.

This notification is made:

(a)       in respect of their interest as investment managers and also by virtue
          of the fact that they are the parent company of SUTL,

(b)       on behalf of SUTL in relation to the interests it is treated as having
          under the Companies Act 1985 (the Act), and

(c)       on behalf of Schroders plc., their holding company, which is treated
          as having an interest in all of the above shares under the Act by
          virtue of its ownership of Schroder Investment Management Limited."

END



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