Holding(s) in Company

RNS Number:0268N
Monterrico Metals PLC
01 July 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.         Name of company
           Monterrico Metals Plc

2.         Name of shareholder having a major interest
           The Throgmorton Trust 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.
           As in 2 above

4.         Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them
           HSBC Global Custody Nominee (UK) Limited A/C 811664

5.         Number of shares/amount of stock acquired
           50,000

6.         Percentage of issued class
           0.4%

7.         Number of shares/amount of stock disposed
           N/A

8.         Percentage of issued class
           N/A

9.         Class of security
           Ordinary 10p Shares

10.        Date of transaction
           2nd June 2003

11.        Date company informed
           25th June 2003

12.        Total holding following this notification
           1,100,000

13.        Total percentage holding of issued class following this notification
           9.09%

14.        Any additional information


15.        Name of contact and telephone number for queries

           Christopher Eager 020 7448 5088

16.        Name and signature of authorised company official responsible for making this notification.
           Christopher Eager, Managing Director



 Date of notification: 1st July 2003


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