CPL Chapelthorpe

RNS Number:5976V
Chapelthorpe PLC
11 December 2000


LETTER TO:     COMPANY ANNOUNCEMENTS OFFICE

Chapelthorpe Plc announces that it has today been informed by letter dated 8
December 2000 from Phillips & Drew as follows:

"Re: S.198 Companies Act 1985: as amended by The Disclosure of Interest in
Shares (Amendment) Regulations 1993

I refer to my letter informing you that Phillips & Drew Life Limited, a
subsidiary of UBS Asset Management Holding (No 2) Limited, (which is also
treated as having an interest in the above shares) had a notifiable interest in
the Company.  Phillips & Drew Life Limited and UBS Asset Management Holding
(No 2) Limited wish to inform you that they no longer have a notifiable interest
in the ord 5p share capital of the Company".

LETTER FROM:   CHAPELTHORPE PLC

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