RNS Number:4418U
Sinclair (William) Holdings PLC
20 January 2004

Holding in Company

The company was notified on 15 January 2004 by BFS Small Companies Dividend
Trust plc ('BFS') that, following a purchase of 100,000 ordinary shares in the
Company, BFS now have a notifiable interest of 1,000,000 shares representing
6.04% in the issued ordinary share capital of the Company. All of these shares
are registered in the name of HSBC Global Custody Nominees (UK) Limited.




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