Holding in Company

RNS Number:5268D
Alpha Airports Group PLC
14 May 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ALPHA AIRPORTS GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SCHRODER INVESTMENT 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.

SCHRODER NOMINEES LIMITED,   1,233,739
CHASE NOMINEES,             22,807,316
NORTRUST N0MINEES LIMITED,   1,800,000


5)   Number of shares/amount of stock acquired.

7,400,000


6)   (4.34 %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF 10 PENCE EACH


10)  Date of transaction

9 MAY 2001


11)  Date company informed

9 MAY 2001


12)  Total holding following this notification

25,841,055

               
              
13)  Total percentage holding of issued class following this notification

15.15%


14)  Any additional information



15)  Name of contact and telephone number for queries

K GRANEY  (020) 8580  3214


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

     Date of Notification .....10 MAY 2001