RNS Number:5026E
Metalrax Group PLC
29 November 2002


Metalrax Group PLC (the "Company")
29 November 2002

The Company have been notified by Legal and General that, following a purchase
of 36,620 ordinary shares on 28 November 2002, they now hold 3,645,524 shares in
the Company, which are registered in five HSBC Global Custody Nominee (UK) Ltd
accounts, representing 3.01 per cent of the total issued share capital of the
Company.


END

29 November 2002


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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