RNS No 3628r
REECE PLC
14th October 1998


NOTIFICATION OF INTEREST IN SHARES
 
The  Company has today been informed that Britannia  Group  PLC
has  today acquired 12,000,000 ordinary shares in the  Company,
making  their total holding 47,622,913 shares, being  26.9  per
cent of the Company's issued ordinary share capital.
 

END

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