Holding(s) in Company

RNS Number:4739Q
BioProgress PLC
02 October 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.     Name of company

       Bioprogress plc

2.     Name of shareholder having a major interest

       Merrill Lynch Investment Managers 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.

       As above

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

       2,446,179 shares BNY Trust Company as trustees of the MLIT Alpha Specialist Situation Investment Fund

5.     Number of shares/amount of stock acquired



6.     Percentage of issued class



7.     Number of shares/amount of stock disposed

       72,479

8.     Percentage of issued class



9.     Class of security

       Ordinary shares

10.    Date of transaction



11.    Date company informed

       2 October 2003

12.    Total holding following this notification

       2,446,179

13.    Total percentage holding of issued class following this notification

       2.97

14.    Any additional information

15.    Name of contact and telephone number for queries

       Elizabeth Edwards 01354-655674

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

       Elizabeth Edwards Company Secretary

Date of notification:  2nd October 2003




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