RNS Number:2993U
Yell Group plc
15 January 2004

Notification Received by the Company on 15 January 2004

                         Yell Group plc ("the Company")

                    Disclosure of Interest in Share Capital

The Company has received notification, pursuant to sections 198 to 202 of the
Companies Act 1985, that as at 13 January 2004, FMR Corp. and its direct and
indirect subsidiaries, and Fidelity International Limited ("FIL") and its direct
and indirect subsidiaries, both being non-beneficial holders, have an interest
in 94,447,405 ordinary shares of the Company representing 13.59% of the issued
share capital.  The shares are registered as follows:

Holder                                                                                    Number of Shares


Chase Nominees Limited                                                                          12,946,030
State Street Nominees Limited                                                                    1,235,370
State Street Bank & Trust Company                                                                2,080,300
HSBC Client Holdings Nominee (UK) Ltd                                                                  100
State Street Nominees Ltd                                                                        2,080,100
Lloyds Bank Nominees Ltd                                                                           715,200
BT Globenet Nominees Ltd                                                                         1,045,600
MSCO                                                                                                75,600
Chase Nominees Ltd                                                                                 848,700
Bank Of New York                                                                                   253,100
State Street Bank & Trust                                                                        1,254,100
Mellon Bank                                                                                        178,700
JP Morgan                                                                                          197,600
Nortrust Nominees                                                                                    2,600
Bank Of New York - Europe                                                                          100,100
Northern Trust                                                                                      45,264
Sumitomo T & B                                                                                     308,500
MSS Nominees Ltd                                                                                   289,900
Goldman Sachs & Co                                                                                  43,800
Chase Manhattan Bank London                                                                     19,830,492
Chase Nominees Ltd                                                                               2,259,866
Chase Nominees Ltd                                                                                 631,800
Northern Trust                                                                                   1,121,800
Chase Nominees Ltd                                                                               1,639,900
Deutsche Bank                                                                                       65,300
Citibank                                                                                           179,200
Bank Of New York London                                                                            481,300
Mellon Nominees Ltd                                                                                135,300
HSBC Client Holdings Nominee (UK) Ltd                                                              294,500
HSBC Client Holdings Nominee (UK) Ltd                                                           21,588,877
Bank Of New York London                                                                          4,368,151
Bank Of New York Brussels                                                                          464,400
Nortrust Nominees Ltd                                                                            1,256,800
Northern Trust                                                                                   3,911,700
MSS Nominees Ltd                                                                                 1,219,350
Chase Nominees Ltd                                                                               3,499,400
Chase Manhattan Bank London                                                                      2,450,294
Deutsche Bank                                                                                      638,900
State Street Bank & Trust                                                                        1,558,180
JP Morgan                                                                                        2,135,285
Citibank                                                                                           151,700
Mellon Nominees Ltd                                                                                107,000
Master Trust Bank of Japan                                                                          29,500
Japan Trustee Svcs Bk Ltd                                                                           14,900
National Australia Bank                                                                             82,500
PICG                                                                                                 9,500
Chase Manhattan Bank AG Frankfurt                                                                  170,500
Bankers Trust                                                                                      176,000
ING Luxembourg                                                                                      25,646
Bermuda Far East                                                                                    30,600
State Street Hong Kong                                                                              11,900
Mitsubishi Trust                                                                                    10,500
Chuo Trust Bank                                                                                     12,600
Brown Brothers Harriman Ltd. LUX                                                                    20,000
State Street Nominees Ltd                                                                          215,100




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

HOLQELFFZFBEBBQ