Alpha Airports Group - Holding in Company

RNS No 8798c
ALPHA AIRPORTS GROUP PLC



                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

ALPHA AIRPORTS GROUP PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

PHILLIPS & DREW FUND MANAGEMENT LTD

PHILLIPS & DREW LIFE 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.

VARIOUS -SEE BELOW   

5)  Number of shares/amount of stock acquired.

 2,950,000

6)  ( 1.71%) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

ORDINARY SHARES OF 10 PENCE EACH

10) Date of transaction

6 MAY 1999

11) Date company informed

7 MAY 1999

12) Total holding following this notification

22,670,286

13) Total percentage holding of issued class following this notification

13.17%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

N S LOWE       0181 580 3229

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


    Date of Notification.....7 MAY 1999.........



                      ALPHA AIRPORTS GROUP PLC

              Total Issued Share Capital  -  172,007,966  

NAME                                                                  QUANTITY

CHASE NOMINEES LIMITED                            A/C MNY2            711,232
CITY OF EDINBURGH COUNCIL                         A/C LTH4            336,666
PHILDREW NOMINEES LIMITED                         A/C ABW             253,988
PHILDREW NOMINEES LIMITED                         A/C AVR              66,762
PHILDREW NOMINEES LIMITED                         A/C BMA              70,900
PHILDREW NOMINEES LIMITED                         A/C BSG              65,311
PHILDREW NOMINEES LIMITED                         A/C BRX             117,491
PHILDREW NOMINEES LIMITED                         A/C BULP             64,394
PHILDREW NOMINEES LIMITED                         A/C FK              258,147
PHILDREW NOMINEES LIMITED                         A/C CNN              19,359
PHILDREW NOMINEES LIMITED                         A/C CC              575,937
PHILDREW NOMINEES LIMITED                         A/C CWG              78,697
PHILDREW NOMINEES LIMITED                         A/C DEV             596,095
PHILDREW NOMINEES LIMITED                         A/C DRG4            414,675
PHILDREW NOMINEES LIMITED                         A/C EO              103,735
PHILDREW NOMINEES LIMITED                         A/C FRG              53,054
PHILDREW NOMINEES LIMITED                         A/C GWY             192,757
PHILDREW NOMINEES LIMITED                         A/C HAR             166,906
PHILDREW NOMINEES LIMITED                         A/C HFM              93,958
PHILDREW NOMINEES LIMITED                         A/C JEF              84,375
PHILDREW NOMINEES LIMITED                         A/C JFB             138,590
PHILDREW NOMINEES LIMITED                         A/C HR              171,000
PHILDREW NOMINEES LIMITED                         A/C JST              66,548
PHILDREW NOMINEES LIMITED                         A/C L               199,695
PHILDREW NOMINEES LIMITED                         A/C LAD             108,016
PHILDREW NOMINEES LIMITED                         A/C LAD3             62,201
PHILDREW NOMINEES LIMITED                         A/C LF06             43,553
PHILDREW NOMINEES LIMITED                         A/C LF20          8,843,458
PHILDREW NOMINEES LIMITED                         A/C MPS             500,000
PHILDREW NOMINEES LIMITED                         A/C MM               90,526
PHILDREW NOMINEES LIMITED                         A/C NEE              74,641
PHILDREW NOMINEES LIMITED                         A/C PCM              38,357
PHILDREW NOMINEES LIMITED                         A/C PPD             157,856
PHILDREW NOMINEES LIMITED                         A/C PY               27,486
PHILDREW NOMINEES LIMITED                         A/C RNL             445,118
PHILDREW NOMINEES LIMITED                         A/C ROL               8,617
PHILDREW NOMINEES LIMITED                         A/C ROR               1,662
PHILDREW NOMINEES LIMITED                         A/C ROP             329,000
PHILDREW NOMINEES LIMITED                         A/C SHD             165,870
PHILDREW NOMINEES LIMITED                         A/C SSF             155,503
PHILDREW NOMINEES LIMITED                         A/C SWE              72,260
PHILDREW NOMINEES LIMITED                         A/C UTB             493,463
PHILDREW NOMINEES LIMITED                         A/C UOE              88,000
PHILDREW NOMINEES LIMITED                         A/C UOF              35,000
PHILDREW NOMINEES LIMITED                         A/C PEQ             110,812
PHILDREW NOMINEES LIMITED                         A/C UT81            567,947
PHILDREW NOMINEES LIMITED                         A/C WA              118,741
PHILDREW NOMINEES LIMITED                         A/C WND             262,281
PHILDREW NOMINEES LIMITED                         A/C YB              410,686
PHILDREW NOMINEES LIMITED                         A/C WET1            950,000
PHILDREW NOMINEES LIMITED                         A/C UT21          3,397,476
PHILDREW NOMINEES LIMITED                         A/C FSN1            211,484
                                                                  -----------
                                                                   22,670,286
                                                                 ------------
                                                                       13.17%
END

           

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