RNS No 7104j
GOLDSHIELD GROUP PLC
7 October 1999



Goldshield Group PLC ("Goldshield" or the "Company")

Notification of Major Interests in Shares

Goldshield Group PLC received notification on 6 October 1999 from Barclays PLC
informing it that, as at 1 October 1999, Barclays PLC through its subsidiary,
Barclays Bank PLC, had a notifiable interest representing 26.21 per cent of
the Company's issued Ordinary Share Capital.
The material holdings are registered as follows:

MSTC Nominees Ltd.       8,925,250
Chase Nominees Limited       563,601
       ___________
Total       9,488,851
       ___________


END



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