RNS Number:8004E
Oxford Instruments PLC
1 February 2000


Letter to:  Company Announcements Office

We have been notified today that Global Asset Management holds the following
Ordinary shares of #0.05p each in Oxford Instruments plc:

Holding   Owned by                Advised by                    Percentage
--------------------------------------------------------------------------
240,000   Sterling Managed Fund   Global Asset Mgt Ltd (London) 0.502
60,000    US Dollar Managed Fund  Global Asset Mgt Ltd (London) 0.126
450,000   GAM Worldwide Inc.      Global Asset Mgt Ltd (London) 0.942
400,000   GAM Intl. Growth Fund   Global Asset Mgt Ltd (London) 0.837
160,000   GAM UK Diversified Fnd. Global Asset Mgt Ltd (London) 0.335
240,000   GAM Exempt, UK Opps Fnd Global Asset Mgt Ltd (London) 0.502
--------------------------------------------------------------------------
1,550,000                                                       3.244

Global Asset Management Ltd is ultimately controlled by Global Asset
Management (Bermuda).



Letter from:   Jo Young
               Company Secretarial Assistant


END
HOLBXGDDDUGGGGB


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