RNS No 2514t
SHIRES INCOME PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

    SHIRES INCOME PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

    BARCLAYS 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

    SHAREHOLDER NAMED 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.

    SEE LIST BELOW

5)  Number of shares/amount of stock acquired.

    851,936

6)  (3.0%) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

    ORDINARY  50P

10) Date of transaction

    21 SEPTEMBER 98

11) Date company informed

    21 SEPTEMBER 98

12) Total holding following this notification

    851,936

13) Total percentage holding of issued class following this notification

    3.0%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

    FIONA MCLEAN
    0141 572 2705

16) Name and signature of authorised company official responsible for making
    this notification

    Date of Notification 21 SEPTEMBER 1998......



Registered Holders                                          Holding

Dematerialised                                               11,416

Dematerialised                                              567,796

Barclays Bank Trust CoLtd 7 third party nominiee              4,218

Barclays Banks Trust Co Ltd as executor                       3,175

MSTC Nominees Limited                                       126,454

MSTL Nominees (Life) Limited                                117,393

Twenty Nine Gracechurch Street Nominees Limited a/c 5781D     6,000

Barclays Bank Trust Co Ltd and another                       15,484
                                                            -------
                                                            851,936
                                                            -------

END

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