Holding(s) in Company

RNS Number:6214U
Monterrico Metals PLC
26 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
           Framlington Investment Management Limited

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 Nominees Ltd a/c 811664 (Re Throgmorton Trust ) 1,750,000 shares

           HSBC Nominees Ltd a/c 896177 (Re Framlington UK Smaller Co's Trust) 267,645 shares

           State Street Nominees Limited a/c LX12 (Xerox Pension Fund) 400,000 shares

           HSBC Nominees Limited a/c 812565 (Islington Pension Fund) 170,202 shares

           HSBC Nominees Limited a/c 812577 (Stagecoach Pension Fund) 127,210 shares

           HSBC Nominees Limited a/c 810039 (London Scottish Pension Fund) 50,000

           HSBC Nominees Limited a/c 811585 (Managed Balanced Fund) 100,000

           HSBC Nominees Limited a/c 811366  (Framlington Innovation Growth Trust) 250,000

5.         Number of shares/amount of stock acquired
           Not stated

6.         Percentage of issued class
           Not stated

7.         Number of shares/amount of stock disposed
           Not stated

8.         Percentage of issued class
           Not stated

9.         Class of security
           Ordinary 10p Shares

10.        Date of transaction
           Not disclosed

11.        Date company informed
           26th January 2004

12.        Total holding following this notification
           3,115,057 shares

13.        Total percentage holding of issued class following this notification
           15.43%

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







Date of notification: 26th January 2004


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

HOLPUUWGGUPCGGQ