Holding(s) in Company

    Findel PLC
4 April 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               8,998,044
        SCHRODER NOMINEES LIMITED               25,000
    SCHRODER UNIT TRUSTS LIMITED/
    CHASE NOMINEES LIMITED                   5,387,145
    MINEWORKERS' PENSION SCHEME A/C:R          793,000
    IMPERIAL PENSIONS NOMINEES LIMITED         350,000
    BRITISH COAL STAFF SUPERANNUATION A/C:P  1,651,000
    CHASE NOMINEES LIMITED                     550,000
    CHASE MANHATTAN BANK                       253,510
    NORTRUST NOMINEES LIMITED                  150,000
                                            __________
                                             3,627,510
                                            __________
  SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INC
    CHASE NOMINEES LIMITED                              1,000,000
                                                         __________
                                                      10,159,655
                                                         __________
                                           12.138% of 83,702,045
5) Number of shares/amount of stock acquired
  161,611
6) Percentage of issued Class
  0.19%
7) Number of shares/amount of stock disposed
8) Percentage of issued Class
9) Class of security
  ORDINARY 5p SHARES
10)Date of transaction
  NOT KNOWN
11)Date company informed
  4 APRIL 2003
12)Total holding following this notification
  10,159,655
13)Total percentage holding of issued class following this
  notification
  12.138%
14)Any additional information
15)Name of contact and telephone number for queries
 K CHAPMAN
  01943 864686
16)Name and signature of authorised company official responsible for
  making this notification
  K CHAPMAN
  Date of Notification 4 APRIL 2003



END