RNS Number:1023O
Vega Group PLC
29 July 2003



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

VEGA Group PLC

2. Name of shareholder having a major interest

Gartmore Investment Limited, Gartmore Fund Managers Limited, Gartmore
Global Partners

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

Gartmore Fund Managers Limited:

VIDACOS NOMINEES LIMITED G A/C     GMESF             1,233     0.007%
VIDACOS NOMINEES LIMITED G A/C     GLTBSF           27,065     0.146%
VIDACOS NOMINEES LIMITED           56690           703,963     3.804%

Total                                              732,261     3.956%

Gartmore Investment Limited:

BNY GIL CLT A/C NOMS LTD A/C PESCG 57300           348,547     1.883%
BNY GIL CLT A/C NOMS LTD A/C GMT   GMT             210,000     1.135%
ABN AMRO MELLON                    COLABS           33,527     0.181%
NORTRUST NOMINEES LIMITED          54550           465,128     2.513%
BNY GIL CLT A/C NOMS LTD A/C LST   LST             104,167     0.563%

Total                                            1,161,369     6.275%

Grand Total                                      1,893,630    10.231%

5. Number of shares / amount of stock acquired

70,000

6. Percentage of issued class

0.378%

7. Number of shares / amount of stock disposed

N/A

8. Percentage of issued class

N/A

9. Class of security

Ordinary 5p shares

10. Date of transaction

24 July 2003

11Date company informed

29 July 2003

12. Total holding following this notification

1,893,630

13. Total percentage holding of issued class following this notification

10.231%

14. Any additional information


15. Name of contact and telephone number for queries

Richard Amos 01707 391999

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

Richard Amos, Company Secretary

Date of notification

29 July 2003

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for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
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