Argos PLC - Holding in Company

RNS No 8011c
ARGOS PLC



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
ARGOS 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:
In respect of 2 above

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Schroder Nominees Limited                    21,657,866
Popeshead Nominees Limited                    6,223,266
N C Lombard Street Nominees Limited a/c SRC2  2,372,906
Various other holdings                        6,991,930
                                             ----------
                                             37,245,968
                                             ==========

5   Number of shares/amount of stock acquired:
Not advised

6   Percentage of issued class:
not advised

7   Number of shares/amount of stock disposed:
Not advised

8   Percentage of issued class:
Not advised

9   Class of security:
Ordinary shares of 10 5/7p each

10  Date of transaction:
Not advised

11  Date company informed:
01 July 1997

12  Total holding following this notification:
37,245,968

13  Total percentage holding of issued class following this notification:
13.002%

14  Contact name for queries:
Mike Willis

15 Contact telephone number:
[phone]

16  Name of company official responsible for making notification:
Mike Willis

17  Date of notification:
01 July 1997




END