RNS Number:5934G
Amey PLC
24 January 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
Amey plc

2. Name of shareholder having a major interest
Meditor Capital 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
Notification in respect of 2 above

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


The Bank of Bermuda Ltd - 1,901,000 shares

The Bank of New York - 1,585,000 shares

Morstan Nominees Ltd - 27,849,000 shares


5. Number of shares / amount of stock acquired
Not stated

6. Percentage of issued class
n/a

7. Number of shares / amount of stock disposed
Not stated

8. Percentage of issued class
n/a

9. Class of security
Ordinary shares of 1p

10. Date of transaction
Not stated

11. Date company informed
24 January 2003

12. Total holding following this notification
31,335,000

13. Total percentage holding of issued class following this notification
12.40%

14. Any additional information
Of the holding by Morstan Nominees Ltd, 18,480,000 shares are beneficially owned
by the Meditor European Master Fund Ltd, of 6 Front Street, Hamilton, Bermuda.
So far as we (Meditor Capital Management Limited) are aware, none of our other
clients owns more than 3% of the voting shares of the Company.

15. Name of contact and telephone number for queries
Timothy Maw

Company Secretarial Administrator

020 7659 1935

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

Company Secretarial Administrator

020 7659 1935

Date of notification
24 January 2003

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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