Warner Estate Hldgs. - Holding in Company

RNS Number:7429H
Warner Estate Holdings PLC
22 March 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

WARNER ESTATE HOLDINGS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

AXA S.A.

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

AXA S.A. AND ITS SUBSIDIARIES

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.



5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY 5P

10)  Date of transaction



11)  Date company informed

22 MARCH 2000

12)  Total holding following this notification

3,101,500
               
              
13)  Total percentage holding of issued class following this notification

5.94%

14)  Any additional information

NOTIFICATION DUE TO A DECREASE IN THE MATERIAL HOLDINGS FROM 6.06% TO 5.94%
RESULTING FROM A CHANGE IN ISSUED SHARE CAPITAL

15)  Name of contact and telephone number for queries

MR P W COLLINS
0207 487 3312

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ..22 MARCH 2000......


END
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