RNS Number:1252A
Mallett PLC
2 November 1999


Mallett plc ("the Company")

The  Company  has been informed by Mercury Asset  Management
Group  that  following the acquisition of 3,846 ordinary  5p
shares, it is now interested in 2,760,133 ordinary 5p shares
representing 20% of the issued share capital of the Company.

END

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