RNS No 5523e
OXFORD INSTRUMENTS PLC
29 June 1999

OXFORD INSTRUMENTS PLC - SHAREHOLDING NOTIFICATION

In accordance with Sections 198-202 of the Companies Act 1985 (as amended by
the Companies Act 1989 and the Disclosure of Interests in Shares (Amendments)
Regulations 1993), we have been notified that as a result of a change in the
registered holder, the 3i Group's interests in the shares of Oxford
Instruments plc are as specified below:

The notifiable interests of 3i Group plc are in the total number 1,785,000
Ordinary Shares of #0.05p each referred to below.

The registered holders and beneficial owners of these shares are:

REGISTERED HOLDER         BENEFICIAL OWNER          NUMBER OF SHARES
RBSTB Nominees Limited    3i plc                    1,640,000
RBSTB Nominees Limited    3i Investments plc           70,000
RBSTB Nominees Limited    Trustees of the 3i Group     75,000
                          Pension Plan

TOTAL                                               1,785,000

3i Holdings plc is also interested in the shares beneficially owned by 3i plc
and 3i Investments plc, the shares being beneficially owned by wholly owned
subsidiaries of 3i Holdings plc and 3i plc are also interested in the shares
beneficially owned by the Trustees of the 3i Group Pension Plan.

From: Della Gorham (Mrs)
      Assistant Company Secretary

END

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