NU. Nufcor

RNS Number:2342J
QuadraNet PLC
17 April 2000




Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Quadranet Plc

2   Name of shareholder having a major interest:
Norwich Union plc

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:
As above

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Norwich Union Insurance Investment Ltd           614,400
Norwich Union Pensions Management Ltd SC A/C   2,605,900
                                               

5   Number of shares/amount of stock acquired:
Placing of shares

6   Percentage of issued class:
Not disclosed

7   Number of shares/amount of stock disposed:
N/A

8   Percentage of issued class:
N/A

9   Class of security:
Ordinary 3p shares

10  Date of transaction:
11 April 2000

11  Date company informed:
12 April 2000

12  Total holding following this notification:
3,220,300

13  Total percentage holding of issued class following this notification:
3.19%

14  Contact name for queries:
David Eades

15 Contact telephone number:
0171 234 3300

16  Name of company official responsible for making notification:
David Eades

17  Date of notification:
17 April 2000





Additional Information:


END
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