RNS Number:3107L
Parkwood Holdings PLC
26 May 2000


     Disclosure of interest in shares and notifications
      of dealings under The Stock Exchange requirements

             DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1.   NAME OF COMPANY

     PARKWOOD HOLDINGS PLC

2.   NAME OF SHAREHOLDER HAVING A SUBSTANTIAL INTEREST

     The Palantine Fund

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 IN (2) ABOVE

4.   Name  of  the registered holder(s) and, if more than  one
     holder, the number of shares
     held by each of them.

     The Bank of New York (Nominees) Limited

5.   Number of shares/amount of stock acquired

     -


6.   ( %) of Issued Class

     -

7.   Number of shares/amount of stock disposed

     500,000

8.   (%) of Issued Class

     2.33 per cent.

9.   Class of security

     ORDINARY SHARES OF 1P EACH
     

10.  Date of transaction

     13 March 2000

11.  Date company informed

     26 May 2000

12.  Total holding following this notification

     1,698,671

13.  Total percentage holding of issued class following
     this notification

     7.96 per cent

14.  Any additional information, price per share etc.

     -

15.  Name of contact and telephone number for queries

     D EADIE 01772 627111

Date of notification: 26 May 2000


END
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