RNS Number:7975H
Renold PLC
21 February 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company


RENOLD plc


2)   Name of shareholder having a major interest


PLATINUM INVESTMENT TRUST PLC


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


HOLDING OF ABOVE SHAREHOLDER

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


BANK OF NEW YORK NOMINEES LIMITED A/C 310008 - 3,084,400

5)   Number of shares/amount of stock acquired

500,000

6)   Percentage of issued class

0.72

7)   Number of shares/amount of stock disposed



8)   Percentage of issued class



9)   Class of security


ORDINARY 25P SHARES

10)  Date of transaction

20 February 2003


11)  Date company informed


21 FEBRUARY 2003

12)  Total holding following this notification


3,084,400

13)  Total percentage holding of issued class following this notification


4.45

14)  Any additional information



15)  Name of contact and telephone number for queries


KEITH DRACUP

0161 498 4521

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



G R NEWTON, COMPANY SECRETARY

     Date of notification 21 FEBRUARY 2003




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