Holding(s) in Company

RNS Number:6900P
Derwent Valley Holdings PLC
12 September 2003


                                  SCHEDULE 10

                    NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)        Name of company:

           DERWENT VALLEY HOLDINGS PLC

2)        Name of shareholder having a major interest:

           PRUDENTIAL 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:

           Not advised

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

           PRUCLT HSBC GIS Nominees                         1,898,396

          ROY Nominees                                         87,500

                                                          ------------

                                                            1,985,896

                                                             ========

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:

          N.A.

8)        Percentage of issued class:

           N.A.

9)        Class of security:

           5p Ordinary shares

10)       Date of transaction:

           N.A.

11)       Date company informed:

           11 September, 2003

12)       Total holding following this notification:

           1,985,896

13)       Total percentage holding of issued class following this notification:

           3.73%

14)       Any additional information:

           -

15)       Name of contact and telephone number for queries:

           T J Kite    020 7659 3000

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

           T J Kite - Company Secretary

           Date of notification:                 September, 12  2003




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