Holding(s) in Company

RNS Number:2537O
Low & Bonar PLC
1 August 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY
LOW & BONAR PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
UBS GLOBAL ASSET MANAGEMENT LIFE LTD


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
BENEFICIAL


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.
PHILDREW NOMINEES LTD A/C LF09     285,947 SHARES
PHILDREW NOMINEES LTD A/C LF20   3,674,360 SHARES


5)   Number of shares/amount of stock acquired.
N/A


6)   ( N/A %) of issued Class


7)   Number of shares/amount of stock disposed
NOT PROVIDED


8)   ( NOT PROVIDED %) of issued Class


9)   Class of security
ORDINARY 50 PENCE SHARES


10)  Date of transaction
NOT PROVIDED


11)  Date company informed
NOTIFICATION DATED 30/7/03
RECEIVED AT CO      1/8/03


12)  Total holding following this notification
3,960,307

               
13)  Total percentage holding of issued class following this notification
3.98%


14)  Any additional information
 -


15)  Name of contact and telephone number for queries
AMANDA WHALLEY
TELEPHONE [phone]


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

     Date of Notification
1 AUGUST 2003


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

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