Warner Howard PLC - Holding in Company

RNS No 8801f
WARNER HOWARD PLC 
15 June 1999


LETTER TO WARNER HOWARD PLC

WARNER HOWARD PLC (THE "COMPANY")

This notification relates to Ordinary Shares of 5p each of the company (The
"Shares") and is given in fulfilment of the obligations imposed under section
198 Companies Act 1985. (The "Act").

We hereby notify you that on 14 June 1999 we acquired an interest in the Shares
which resulted in our holding a total of 2,745,000 Shares, being 11.347% of
the issued share captial of Warner Howard Plc.

Morgan Stanley Securities Limited is a member of the Morgan Stanley Dean Witter
Group of Companies.  Those Group Companies which are direct or indirect holding
companies of Morgan Stanley Securities Limited are, under the terms of section
203 of the Companies Act 1985, each interested by attribution in any shares in
which Morgan Stanley Securities Limited is interested.

FROM MORGAN STANLEY SECURITIES LIMITED

END

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