Holding(s) in Company

RNS Number:1887R
Matalan PLC
22 October 2003

                                  MATALAN PLC
                                   "Matalan"

                 Announcement dated Wednesday 22nd October 2003

                        Disclosure of interest in shares
           Pursuant to Sections 198 to 202 of the Companies Act 1985
                      & Section 9.11 of the Listing Rules

On 22nd October 2003 Matalan received notification from Fidelity Investments on
behalf of FMR Corp and Fidelity International Limited and their subsidiaries
that they had acquired an interest in some shares of Matalan on behalf of the
following, as a result of which their holding has increased to 6.10% in the
issued Ordinary 10p share capital of Matalan.

 Name of Company                           Shares Held


 Mellon Bank                               621,071
 HSBC                                      3,850,000
 State Street Nominees Limited             26,800
 State Street Nominees Ltd                 34,300
 Brown Brothers Harriman                   25,500
 State Street Bank & Trust                 18,500
 Chase Nominees Ltd                        5,414,605
 Chase Manhatten Bank London               1,164,998
 RBS Trust Bank                            123,543
 Citibank                                  283,500
 Nortrust Nominees Ltd                     210,300
 BT Globenet Nominees Ltd                  42,800
 Bank of New York Europe                   478,000
 Mellon Bank                               174,900
 Nortrust Nominees Ltd                     646,400
 Bankers Trust                             227,930
 RBS Trust Bank                            996,405
 State Street Nominees Ltd                 584,600
 Northern Trust                            1,555,183
 Citibank                                  297,220
 Bank of New York Europe                   740,019
 HSBC Client Holdings Nominee(UK)Limited   1,694,857
 Chase Nominees Ltd                        794,390
 JP Morgan                                 1,006,494
 Bank of New York - London                 2,784,526
 Morgan Stanley                            392,200
 State Street Bank & Trust                 905,449
 Bank of New York Brussels                 498,500
 Chase Manhatten Bank London               63,000

Total Ordinary Shares                      25,655,990

Current ownership percentage:              6.10%

Contact:
John Berry, Company Secretary: 01695 552533



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

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