RNS Number:7765O
Alvis PLC
18 August 2003


Notifiable Interests

FMR Corp. and its direct and indirect subsidiaries, and Fidelity International
Limited and its direct and indirect subsidiaries, both being non-beneficial
holders has an interest in 8,737,235 Ordinary Shares of Alvis plc representing
7.93% of the total number of shares in issue.

The above notifiable interests also comprise the notifiable interest of 
Mr Edward C Johnson III, principal shareholder of Fidelity International Limited.

These shares are held by the following registered holder(s):

Fidelity Management & Research Company
Chase Nominees Limited                              448,800
Chase Nominees Limited                               21,500
State Street Bank & Trust Company                   901,700

Fidelity International Limited
Clydesdale Bank (Head Office) Nominees Limited      261,200
Chase Manhattan Bank London                         313,600
Brown Brothers Harriman Ltd. LUX                     36,400
State Street Bank & Trust                            44,900
Northern Trust                                      141,000
Deutsche Bank                                       697,700

Fidelity Investment Services Ltd
Clydesdale Bank (Head Office) Nominees Limited    4,253,612
Chase Manhattan Bank London                       1,267,823

Fidelity Pension Management 
Chase Nominees Ltd                                  349,000




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

HOLPPMTTMMTBBMJ