London Forfaiting Co - Holding in Company

RNS No 4529k
LONDON FORFAITING CO PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

LONDON FORFAITING CO PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

PERPETUAL UNIT TRUST MANAGEMENT
PERPETUAL INV. MAN. SERVICES

3)  Please state whether notification indicates that it is in respect of holding
    of(i) the Shareholder named in 2 above or (ii) in respect of a
    non-beneficial interest or (iii) in the case of an individual holder if it
    is a holding of that person's spouse or children under the age of 18

(ii)

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

VIDACOS NOMINEES
10,715,000

5)  Number of shares/amount of stock acquired.

250,000

6)  ( 0.24%) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

ORD 40p

10) Date of transaction

2/9/98

11) Date company informed


12) Total holding following this notification

10,715,000

13) Total percentage holding of issued class following this notification

10.226

14) Any additional information

N/A

15) Name of contact and telephone number for queries

KATE ENGLAND
01491 417114

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

    Date of Notification.3rd September 1998.......................


END

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