RNS Number:1842R
McAlpine (Alfred) PLC
22 October 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


 1. Name of company

ALFRED McALPINE PLC



 2. Name of shareholder having a major interest:

FMR CORP (FIDELITY)



 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

Chase Nominees Limited     3,338,982
MSS Nominees Limited         264,600
Bank of New York London    1,388,180
JP Morgan                    670,000
Nortrust Nominees Ltd        400,000



5. Number of shares / amount of stock acquired

N/A



6. Percentage of issued class

N/A



7. Number of shares / amount of stock disposed

647,852



8. Percentage of issued class

0.64%



9. Class of security

ORDINARY SHARES OF 25p EACH



10. Date of transaction

NOT SPECIFIED



11. Date company informed
22 OCTOBER 2003 (FAXED LETTER DATED 21 OCTOBER 2003)



12. Total holding following this notification

6,061,762



13. Total percentage holding of issued class following this notification

5.97%



14. Any additional information

NONE



15. Name of contact and telephone number for queries

CAROLINE HIGGINS / CHRISTOPHER PIRNIE

020 7930 6255



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

CAROLINE HIGGINS (Deputy Group Secretary)


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document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.



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