RNS No 7476e
CHARLES BAYNES PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY
CHARLES BAYNES PLC


2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

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

N/A

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

SEE BELOW

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) 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 10P

10) Date of transaction

NOT KNOWN

11) Date company informed

30.6.97

12) Total holding following this notification

5,033,345

13) Total percentage holding of issued class following this notification

3.03%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

K LAWTON
01932 837700

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

    Date of Notification..........1.7.97........


SCHEDULE A

SECURITY: BAYNES (CHARLES)PLC

                                         MANAGEMENT
                         SHARES HELD      COMPANY     NOMINEE/REGISTERED NAME

                           27,900         FMRCO       JPM NOMINEES LTD
                        1,100,200         FISL        CLYDESDALE BANK
                        1,032,900         FIL         CLYDESDALE BANK
                          304,600         FIL
                          105,900         FPML        CITIBANK
                          521,100         FPML        STATE STREET NOMINES LTD
                          128,000         FPML        CHASE NOMINEES LTD
                          436,200         FPML        MIDLAND BANK NOMINEES

TOTAL ORDINARY SHARES   3,656,800

(5.8% CONV PFD)
                        1,376,545         FISL        CLYDESDALE BANK

TOTAL 5.8% CONV PFD     1,376,545
(AFTER ASSUMING
CONVERSION BASED ON A
1.4493 RATIO)

TOTAL ORDINARY &
PREFERRED SHARES        5,033,345

CURRENT OWNERSHIP
PERCENTAGE:                  3.03%
SHARES IN ISSUE:       166,289,544

END