RNS Number:2485O
Bell Group PLC
1 August 2003




                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     BELL GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

      GARTMORE INVESTMENT LTD
      GARTMORE FUND MANAGERS LTD
      GARTMORE GLOBAL PARTNERS

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

      HELD IN PORTFOLIOS MANAGED ON A DISCRETIONARY BASIS FOR CLIENTS

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

      ORDINARY SHARES

      2,834,692     VIDACOS NOMINEES LTD
      376,985       BNY GIL A/C NOMS LTD-LST
      698,924       NORTRUST NOMINEES LTD
      523,020       BNY GIL CLT A/C NOMS LTD - PESCG
      200,239       HSBC GLOBAL CUSTODY NOM (UK) LTD
      19,231        ABN AMRO MELLON
      793,094       BNY GIL CLT NOMS LTD-NWSC
      128,418       BNY GIL CLT NOMS LTD - GAGIG
      38,191        CHASE NOMINEES LTD


5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

      326,328

8)   (0.612%) of issued Class

9)   Class of security

      ORDINARY SHARES OF 5P EACH

10)  Date of transaction

      28 JULY 2003

11)  Date company informed

      1 AUGUST 2003

12)  Total holding following this notification

      5,612,794
               
13)  Total percentage holding of issued class following this notification

      10.533%

14)  Any additional information



15)  Name of contact and telephone number for queries

     EDWIN STRANG
     0208 553 5932

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

     Date of Notification ...1 AUGUST 2003.......




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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