RNS Number:5202Q
Venture Production PLC
03 October 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


VENTURE PRODUCTION PLC



2. Name of shareholder having a major interest


THE ROYAL BANK OF SCOTLAND GROUP PLC



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


HOLDING OF SHAREHOLDER



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


BNY GIL CLIENT ACCOUNT NOMINEES LTD                             321,543 SHARES
ROYAL BANK OF SCOTLAND PROJECT INVESTMENTS LIMITED              2,941,176 SHARES



5. Number of shares / amount of stock acquired






6. Percentage of issued class






7. Number of shares / amount of stock disposed






8. Percentage of issued class






9. Class of security


ORDINARY SHARES OF 0.4P EACH



10. Date of transaction









11. Date company informed


3 OCTOBER 2003



12. Total holding following this notification


3,262,719



13. Total percentage holding of issued class following this notification


3.03%



14. Any additional information






15. Name of contact and telephone number for queries


BRIAN HOBDEN               01224 619000



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


BRIAN HOBDEN



Date of notification


 CREATEDATE /@ "dd MMMM yyyy" /* MERGEFORMAT 03 October 2003



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