AAP Alpha Airports

RNS No 4245j
ALPHA AIRPORTS GROUPS PLC

                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

ALPHA AIRPORTS GROUP PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

FIDELITY INTERNATIONAL LTD

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.

CLYDESDALE BANK

5)  Number of shares/amount of stock acquired.

2,900,000

6)  ( 1.72%) 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 50P

10) Date of transaction

16-10-97

11) Date company informed

17-10-97

12) Total holding following this notification

5,258,411

13) Total percentage holding of issued class following this notification

3.13

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.21 OCTOBER 1997.....


END

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