MRX Metalrax Group

RNS Number:8111Q
Metalrax Group PLC
31 January 2002


LETTER TO COMPANY ANNOUNCEMENTS OFFICE

Disclosure of Interest in Shares

We have been notified by Britannic Asset Management Limited that following a
transaction on 30th January 2002 on behalf of Chase Nominees Limited they now
have a notifiable interest in shares of our company amounting to 4,401,900
shares representing 3.66% of the 120,270,740 shares in issue. 

LETTER FROM METALRAX GROUP PLC



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