RNS Number:9046F
Metalrax Group PLC
26 June 2001


LETTER TO: COMPANY ANNOUNCEMENTS OFFICE


Disclosure of Interest in Shares

We have been notified by Schroder Investment Management Limited that following
recent transactions they have a notifiable interest in shares of our company
amounting to 13,833,167 shares representing 11.50% of the 120,270,740 shares in
issue. 


LETTER FROM: METALRAX GROUP PLC
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