Holding(s) in Company

RNS Number:8819P
McAlpine (Alfred) PLC
17 September 2003


McAlpine (Alfred) PLC
September 17, 2003

DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)   NAME OF COMPANY

Alfred McAlpine PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

Morley Fund 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

Non-beneficial

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

Nominee/Registered Name        Shareholding
BNY Norwich Union Nominees     882,386
Chase GA Group Nominees        2,176,392
Chase Nominees Limited         192,826
CUIM Nominees Limited          699,667
RBSTB Nominees Limited         105,561

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

6)   N/A       Of issued Class

7)   76,420    Number of shares/amount of stock disposed

8)   N/A       Of issued Class

9)   25p Ordinary Shares       Class of security

10)  15th September 2003       Date of transaction

11)  17th September 2003       Date company informed

12)  4,056,832 Total holding following this notification

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

14) Any additional information

15)  Name of contact and telephone number for queries

Mr. Christopher Robert Pirnie
Tel:  [phone] 

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

CHRISTOPHER ROBERT PIRNIE
-----------------------
Christopher Robert Pirnie
Assistant Company Secretary
Alfred McAlpine PLC

Date of Notification ... September 17, 2003



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