RNS Number:5634N
SWP Group PLC
15 July 2003


SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

SWP Group Plc


2. Name of shareholder having a major interest

Mr Frank J Bell


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 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

 -


5. Number of shares / amount of stock acquired

2,750,000


6. Percentage of issued class

0.81%


7. Number of shares / amount of stock disposed

                                                                             -


8. Percentage of issued class

                                                                             -


9. Class of security

Ordinary Shares


10. Date of transaction

10 July 2003





11. Date company informed

14 July 2003


12. Total holding following this notification

63,898,842


13. Total percentage holding of issued class following this notification

18.7%


14. Any additional information

 -


15. Name of contact and telephone number for queries

David Pett 020 7379 7181


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

David Pett, Company Secretary


Date of notification

15 July 2003


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