RNS Number:7467N
Metalrax Group PLC
27 November 2001



LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

We have been notified by Jupiter Asset Management Limited that following a 
transaction on 21st November 2001 on behalf of its client, Jupiter Dividend & 
Growth Trust PLC, that the trust have a notifiable interest in shares of our 
company amounting to 3,875,000 shares representing 3.22% of the 120,270,740 
shares in issue.

LETTER FROM: METALRAX GROUP PLC
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