Holding(s) in Company

RNS Number:5587H
Avesco PLC
17 February 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

Avesco plc

2) Name of shareholder having a major interest

The Fleming Mercantile Investment 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


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

The Fleming Mercantile Investment Trust PLC


5) Number of shares/amount of stock acquired


6) Percentage of issued class


7) Number of shares/amount of stock disposed


8) Percentage of issued class


9) Class of security

Ordinary Shares of 10p

10) Date of transaction


11) Date company informed

17 February 2003


12) Total holding following this notification

1,500,000


13) Total percentage holding of issued class following this notification

9.19%


14) Any additional information


15) Name of contact and telephone number for queries

Nicholas Conn

020 8974 1234

16) Name and signature of authorised company official responsible for
making this notification

Nicholas Conn

Company Secretary

Date of notification: 17 February 2003


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

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