Holding(s) in Company

RNS Number:3150I
Penmc PLC
07 February 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

Penmc Plc


2. Name of shareholder having a major interest

Abbey National plc & subsidiary companies


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 shareholder named in 2 above


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

Clydesdale Bank Head Office Nominees Limited


5. Number of shares / amount of stock acquired



6. Percentage of issued class



7. Number of shares / amount of stock disposed

3,276,600


8. Percentage of issued class

3.34%


9. Class of security

Ordinary Shares


10. Date of transaction

24 January 2005


11. Date company informed

3 February 2005


12. Total holding following this notification

0


13. Total percentage holding of issued class following this notification

0%


14. Any additional information



15. Name of contact and telephone number for queries

Jasper Allen, Insinger de Beaufort: tel [phone]


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

Stuart Mollekin, Company Secretary Tel: [phone]


Date of notification

7 February 2005



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