42AI Jsc.nc Kaz 48s

RNS No 5811d
GRAFTON GROUP PLC
4th March 1999


Letter from Grafton Group Plc dated 3 March 1999 to the Irish Stock Exchange,
received by the Irish Stock Exchange 4 March 1999


Re: Notification of Shareholding under Sections 67 to 79 of the Companies Act,
1990.

Grafton Group plc ("the Company) has been informed on 25th February 1999 that
the Trustees of the ESB Superannuation Fund had a notifiable interest in
527,754 ordinary shares in the company representing 3.2% of the issued share
capital.  The shares are registered in the name of AIB Custodial Nominees. 
Account No 123.


Colm O Nuallain
Finance Director
Grafton Group Plc


END

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