Holding in Company

RNS Number:8435B
Alpha Airports Group PLC
9 April 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ALPHA AIRPORTS GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A SUBSTANTIAL INTEREST

M&G INVESTMENT MANAGEMENT LIMITED
(previously called Prudential Portfolio Management Ltd)


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.

SEE BELOW


5)   Number of shares/amount of stock acquired.


6)   (    %) of issued Class


7)   Number of shares/amount of stock disposed

1,122,155


8)   (0.66%) of issued Class


9)   Class of security

ORDINARY SHARES OF 10 PENCE EACH


10)  Date of transaction

6 APRIL 2001


11)  Date company informed

9 APRIL 2001


12)  Total holding following this notification

6,500,000

               
13)  Total percentage holding of issued class following this notification

3.8%


14)  Any additional information



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

J DEEGAN

     Date of Notification        9 APRIL 2001



         Notifiable Position Report for ALPHA AIRPORTS GRP ORD GBP0.10
                              as at 06 April 2001


Percentage holdings are calculated using an issued share capital of 170,576,555
ORD GBP0.10 shares

                    Registered Holder           Holding      %

Prudential plc                                 6,500,000    3.81     Total
                                                                     Notifiable
                                                                     Interest

                    PRUCLT HSBC GIS NOM(UK)
                      PAC AC                   6,500,000                        
                                                        
                                                                     

The Prudential
 Assurance
 Company
 Limited                                       6,500,000    3.81

                     PRUCLT HSBC GIS NOM(UK)
                       PAC AC                  6,500,000