RNS Number:4298D
Metalrax Group PLC
7 January 2000


LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

Disclosure of Interest of Shares

We have been notified by the Equitable Life Assurance Society that following the
sale of 150,000 shares on 5th January 2000 they are regarded as having an
interest in 7,261,696 shares in Metalrax Group PLC, representing 6.0% of the
current issued share capital.


LETTER FROM: METALRAX GROUP PLC


END


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