RNS Number:8922M
Vega Group PLC
27 June 2003



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

VEGA Group PLC

2. Name of shareholder having a major interest

Scottish Widows Investment Partnership

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

As 2 above

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

N/A

5. Number of shares / amount of stock acquired

N/A

6. Percentage of issued class

N/A

7. Number of shares / amount of stock disposed

Not known

8. Percentage of issued class

Not known

9. Class of security

Ordinary 5p shares

10. Date of transaction

Not known



11. Date company informed

26 June 2003

12. Total holding following this notification

N/A

13. Total percentage holding of issued class following this notification

N/A

14. Any additional information

The above shareholders informed us on 26 June 2003 that they no longer
have a notifiable interest in the shares of this Company.

15. Name of contact and telephone number for queries

Richard Amos

01707 391999

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

Richard Amos

Company Secretary

Date of notification

27 June 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.
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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
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