RNS Number:7092M
Bell Group PLC
24 June 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     BELL GROUP 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

     HELD IN PORTFOLIOS MANAGED ON A 
     DISCRETIONARY BASIS FOR CLIENTS

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

      ORDINARY SHARES

      3,132,985     CHASE NOMINEES LIMITED FOR
                    SCHRODER UNIT TRUSTS LIMITED

        900,000     IMPERIAL PENSION NOMINEES LIMITED    
        500,000     NORTRUST NOMINEES LIMITED
        956,389     BRITISH COAL STAFF SUPERANNUATION
                    A/C: P  
        973,197     MINEWORKERS PENSION SCHEME A/C: R


5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 5P EACH

10)  Date of transaction



11)  Date company informed

     24 JUNE 2003

12)  Total holding following this notification

     6,462,571
               
13)  Total percentage holding of issued class following this notification

     12.128%

14)  Any additional information



15)  Name of contact and telephone number for queries

     EDWIN STRANG
     0208 553 5932

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

     Date of Notification .....24 JUNE 2003.......



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