RNS No 4103a
UTILITY CABLE PLC
3rd June 1998


HOLDING IN COMPANY

The Company was informed today that, on 1st June
1998, Mountcashel plc acquired 4,500,000 Ordinary
shares of 1p each.  Following this acquisition
Mountcashel has a holding of 7,025,000 Ordinary
shares, representing 4.8% of the issued ordinary
share capital of the Company.


END

HOLSSMFMDUAUFLM
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