MRX Metalrax Group

RNS No 7837c
METALRAX GROUP PLC
16 April 1999

LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

DISCLOSURE OF INTERESTS OF SHARES

We have been notified by CGU plc that following the sale of 200,000 shares on
13th April 1999, they now have an interest in 4,717,090 shares representing
3.85%.

LETTER FROM:  T.R. JONES
              SECRETARY
              METALRAX GROUP PLC

END

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