RNS No 9318v
GYRUS GROUP PLC
12 October 1999


Gyrus Group PLC ("the Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

Gyrus Group PLC received today a notification from M & G Recovery Investment
Trust PLC (MGRIT) informing them that following a purchase of 250,000 Ordinary
Shares (date not specified), MGRIT now holds 1,000,000 Ordinary Shares,
representing 3.23 per cent. of the Company's issued Ordinary share capital.
These Shares are registered in the name of Clydesdale Bank Nominees Ltd.


END

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