Holding in Company

RNS Number:7574T
Alpha Airports Group PLC
8 November 2000



LETTER TO: ALPHA AIRPORTS GROUP PLC

Dated November 8, 2000

We write to inform you pursuant to section 198 of the Companies Act 1985 that
Sterling Investment Group Limited is now holding a total of 6,167,312 ordinary
shares of 10p each.

The shares are registered in the name of Sterling Investment Group Limited or
its predecessor Sterling Investment Holdings Limited.

Dr. Tito Tettamanti of Totara Park House, 34-36 Gray's Inn Road, London WC1X
8NN, is also interested in the shares through his indirect controlling interest
in Sterling Investment Group Limited.

LETTER FROM: STERLING INVESTMENT GROUP LIMITED



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ALPHA AIRPORTS GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

STERLING INVESTMENT GROUP LIMITED (and its predecessor Sterling Investment
Holdings 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

BENEFICIAL

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

AS ABOVE

5)   Number of shares/amount of stock acquired.

6,167,312

6)   ( 3.62% ) 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

8 NOVEMBER 2000

11)  Date company informed

8 NOVEMBER 2000

12)  Total holding following this notification

6,167,312
               
              
13)  Total percentage holding of issued class following this notification

3.62%

14)  Any additional information

Dr Tito Tettamanti has been also notified as interested through his indirect
controlling interest in (2)

15)  Name of contact and telephone number for queries

J Deegan  [phone]

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

     Date of Notification ......8 November 2000...