Watts,Blake,Bearne - Holding in Company

RNS No 0301h
WATTS BLAKE BEARNE & COMPANY PLC



                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

WATTS BLAKE BEARNE & COMPANY PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SCR SIBELCO SA

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

YES 

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

N/A

5)  Number of shares/amount of stock acquired.

25,000

6)  (0.12%) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

ORDINARY

10) Date of transaction

6th July 1998

11) Date company informed

7th July 1998

12) Total holding following this notification

11,166,824

13) Total percentage holding of issued class following this notification

53.06

14) Any additional information

N/A

15) Name of contact and telephone number for queries

C WATTS  --  01626-332345

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

    Date of Notification..7th July 1998.........


END


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