The Company has been notified today that the Co-operative Insurance Society
Limited holds as beneficial owner, or has interest in, 2,313,996 ordinary
shares of Oxford Instruments plc as at the close of business on 19th July 2002,
this being equal to 4.83% of the relevant issued share capital. The increase in
the Co-operative Insurance Society Limited's percentage holding was as a result
of the following transaction:

Date        Transaction Type                    Number of Ordinary Shares      
                                                Acquired                       
                                                                               
18/7/02     Acquisition of shares by            500,000                        
                                                                               
            Aberforth Limited Partnership 1A                                   

 

Co-operative Insurance Society Limited holds nil shares as beneficial owner. It
is also a limited partner in Aberforth Limited Partnership 1A and is interested
in 2,313,996 shares as a result of this participation.

 



END



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