RNS Number:3929T
Metalrax Group PLC
1 November 2000



LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

Disclosure of Interest in Shares

We have been notified by Royal & Sunalliance that following recent transactions
they have a notifiable interest in the shares of our company amounting to
7,135,548 representing 5.93% of the 120,270,740 shares in issue.


LETTER FROM: METALRAX GROUP PLC



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