RNS No 2461e
ERA GROUP PLC
11th March 1998

LETTER TO:     ERA GROUP PLC

Notification required by Part VI of the Companies Act 1985 (as amended)

In accordance with the requirements of the above Act, I am writing to advise you
of a change in respect of our holding of your Company's 5p Ordinary shares on 4
March 1998:

Previous Holding          Current Holding       Acquisition

4,845,000   (3.85%)         5,345,000 (4.24%)       500,000

Latest known number of shares in issue 125,841,716.

FROM:      MOUNTCASHEL PLC

END


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