RNS Number:9481I
McAlpine (Alfred) PLC
19 March 2003

McAlpine (Alfred) PLC
March  19, 2003

DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

Alfred McAlpine PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

FMR Corp (Fidelity)

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

Non-beneficial

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

Nominee/Registered Name        Shareholding
Chase Nominees Limited         5,502,066
MSS Nominees Limited           264,600
Chase Manhatten Bank London    41,900
Bank of New York London        1'585,980
J P Morgan                     835,000

5)   n/a       Number of shares/amount of stock acquired.


6)   n/a       Of issued Class


7)   961,068   Number of shares/amount of stock disposed


8)   N/A       Of issued Class


9)   25p Ordinary Shares       Class of security


10)  17th March 2003   Date of transaction


11)  18th March 2003 Date company informed


12)  8,229,546 Total holding following this notification


13)  7.97%     Total percentage holding of issued class following this notification

14) Any additional information

15)  Name of contact and telephone number for queries

Mr. Christopher Robert Pirnie
Tel:  0207 930 6255


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

CHRISTOPHER ROBERT PIRNIE
-----------------------
Christopher Robert Pirnie
Group Secretariat
Alfred McAlpine PLC

Date of Notification ... March 19, 2003


                      This information is provided by RNS
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