AAP Alpha Airports

RNS No 3362x
ALPHA AIRPORTS GROUP PLC

                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

    ALPHA AIRPORTS GROUP PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

    PRUDENTIAL CORPORATION 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

    BENEFICIAL HOLDING

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

    PRUDENTIAL CLIENT (MSS) NOMINEES LIMITED PAC A/C   7,209,371
    PRUDENTIAL HOLBORN PENSIONS LTD                        1,333

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

    2,633,942

8)  (1.566%) of issued Class

9)  Class of security

    ORDINARY SHARES OF 10P

10) Date of transaction

    16.10.97

11) Date company informed

    17.10.97

12) Total holding following this notification

    7,210,704

13) Total percentage holding of issued class following this notification

    4.28%

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.....17TH OCTOBER 1997.


END

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