Holding(s) in Company

RNS Number:3827U
Monterrico Metals PLC
19 January 2004

                                  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

           N/A

6.         Percentage of issued class

           N/A

7.         Number of shares/amount of stock disposed

           71,595

8.         Percentage of issued class

           N/A

9.         Class of security

           Ordinary 10p Shares

10.        Date of transaction

           14 January 2004

11.        Date company informed

           15 Janaury 2004

12.        Total holding following this notification

           1,750,000

13.        Total percentage holding of issued class following this notification

           8.67%

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: 19 January 2004

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