VEG Vega Grp.

RNS Number:5172V
Vega Group PLC
17 February 2004



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

VEGA Group PLC

2. Name of shareholder having a major interest

Standard Life Group

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

Shareholder in 2 above

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

Stanlife Nominees Limited

5. Number of shares / amount of stock acquired

39,582

6. Percentage of issued class

0.21%

7. Number of shares / amount of stock disposed

N/A

8. Percentage of issued class

N/A

9. Class of security

Ordinary 5p shares

10. Date of transaction

16 February 2004



11. Date company informed

17 February 2004

12. Total holding following this notification

1,683,797

13. Total percentage holding of issued class following this notification

9.098%

14. Any additional information


15. Name of contact and telephone number for queries

Kenneth Blyth

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

Kenneth Blyth
Company Secretary

Date of notification

17 February 2004

The FSAdoes not give any express or implied warranty as to the accuracy of this
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for loss of businessor 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
any such material.




   This information is provided by RNS
            The company news service from the London Stock Exchange

END
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