RNS No 3290b
BRITANNIA GROUP PLC
14th October 1998

To:  Company Announcements Office

I write to give you formal notification that following the acquisition of
12,000,000 ordinary shares in Reece PLC our total holding is now 47,622,913
shares or 26.9% of the relevant share capital.

From:  J A Barker
       Brittania Group plc

END

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