AAP Alpha Airports

RNS No 2545k
ALPHA AIRPORTS GROUP PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

          ALPHA AIRPORTS GROUP PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

          FIDELITY INVESTMENTS
          (a) FMR CORP
          (b) Fidelity Investment Services Limited
          (c) Fidelity International Limited

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

Non-Beneficial

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

Various-see list below

5)  Number of shares/amount of stock acquired.

1,745,472

6)  (1.03%) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

Ordinary shares of 10p each

10) Date of transaction

08-05-1998

11) Date company informed

08-05-1998

12) Total holding following this notification

11,850,074

13) Total percentage holding of issued class following this notification

7.04%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

N.S. Lowe
0181 754 7600

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

    Date of Notification...11th May 1998........



SCHEDULE A 

Security: ALPHA Airports Group plc
                    Shares Held         Management          Nominee/
                                        Company             Registered Name

(Ordinary shares)

                      25,000            FMRCO               State Street
                                   (Fidelity Management    Nominee Ltd
                                   Research Company)

                     500,000            FMRCO               JPM Nominees Ltd

                     832,900            FMRCO               Chase Nominees
                                                            Ltd

                     114,400            FMTC                Iceship & Co
                                   (Fidelity Management     
                                    Trust Company)

                    9,611,307           FISL                Clydesdale Bank
                                   (Fidelity Investment     (Head Office)
                                    Services Limited)       Nominees Ltd

                        9,500           FIL                 MSS Nominees Ltd
                                    (Fidelity Investments
                                     Limited)

                    756,967             FIL                 Clydesdale Bank
                                                            (Head Office)
                                                            Nominees Ltd

Total Ordinary      11,850,074
Shares

Current Ownership   7.04%
percentage

Shares in Issue     168,325,190

END




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