Oxford Instruments - Holding in Company

RNS No 1265m
OXFORD INSTRUMENTS PLC
29th December 1997

Letter to: Company Annoucements Office

The Company has been notified today pursuant to the Companies Act 1995 that FMR
Corp (FMRCO) and its direct and indirect subsidiaries and Fidelity
International Limited (FIL) and its direct and indirect subsidiaries have
discretion to exercise voting rights in respect of 2,637,365 shares of 5p each
in Oxford Instruments plc, representing 5.29% of the issued share capital. Mr
Edward C Johnson 3rd of 82 Devonshire Street, Boston as the principal
shareholder of FMR Corp. and Fidelity International Limited is also deemed to
have notifiable interest.

The above includes interest held on behalf of authorised unit trust schemes in
the UK, notwithstanding the exemption from reporting pursuant to Section
209(1)(e) of the Companies Act 1985.

The shares are registered as follows:
No. of Shares Held            Management Company   Nominee/Registered Name

          237,200             FMRCO                JPM Nominees Ltd
            1,790             FMRCO                MSS Nominees Ltd
          315,900             FPML                 NCB Trust Ltd
          365,710             FIL                  MSS Nominees Ltd
           54,800                                  Clydesdale Bank (Head Office
                                                   Nominees Ltd
          318,215             FPML                 Chase Nominees Ltd
          108,500             FIL                 
           93,050             FPML                 Chase Nominees Ltd
           89,400             FISL                 Clydesdale Bank
          577,500             FIL                  Bankers Trust
          475,300             FIL                  Mineworker Pension Scheme
                                                   (Client) Nominees Ltd
        2,637,365

From: Della Gorham (Mrs), Assistant Company Secretary
      OXFORD INSTRUMENTS PLC

END

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