Findel PLC

27 August 2003

DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1) NAME OF COMPANY

FINDEL PLC

2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SCHRODERS 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

SCHRODERS PLC AND ITS SUBSIDIARIES AND AFFILIATES ON A

DISCRETIONARY BASIS UNDER INVESTMENT MANAGEMENT AGREEMENTS

4) Name of the registered holder(s) and, if more than one holder,

the number of shares held by each of them

Schroder Investment Management Limited 12,188,624

Schroder Unit Trusts Limited/

Chase Nominees Limited 5,566,910

Schroder Nominees Limited/

Banque Internationale a Luxembourg 28,798

BT Globenet Nominees Ltd. a/c: 6B 130,000

Mineworkers' Pension Scheme a/c:R 2,529,149

Imperial Pensions Nominees Limited 350,000

British Coal Staff Superannuation a/c:P 2,512,460

Chase Nominees Limited 621,333

Chase Manhattan Bank 283,974

Nortrust Nominees Limited 166,000

__________

6,621,714

__________

Schroder Investment Management North America Inc

Chase Nominees Limited 1,225,000

__________

13,413,624

__________

16.001% of 83,825,688

5) Number of shares/amount of stock acquired

159,000

6) Percentage of issued Class

0.189%

7) Number of shares/amount of stock disposed

8) Percentage of issued Class

9) Class of security

ORDINARY 5p SHARES

10)Date of transaction

26 August 2003

11)Date company informed

27 August 2003

12)Total holding following this notification

13,413,624

13)Total percentage holding of issued class following this

notification

16.001%

14)Any additional information

15)Name of contact and telephone number for queries

I J Bolton

01943 864686

 

16)Name and signature of authorised company official responsible for

making this notification

 

I J Bolton

Date of Notification 27 August 2003



END