AAP Alpha Airports

RNS No 4102x
ALPHA AIRPORTS GROUP PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

ALPHA AIRPORTS GROUP PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

FIDELITY INVESTMENTS
(a) FIDELITY INTERNATIONAL LIMITED
(b) FMR CORP

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.

VARIOUS-SEE ATTACHED SHEET

5)  Number of shares/amount of stock acquired.

1,758,571

6)  (1.03%) 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 10P EACH

10) Date of transaction

15/07/98

11) Date company informed

15/07/98

12) Total holding following this notification

15,381,142

13) Total percentage holding of issued class following this notification

9.01

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.16 JULY 1998...........



ATTACHMENT 1

Nominees

No of Ordinary   Management Company                          Registered Holder
Shares of l0p

25,000         Fidelity Management & Research Company    State Street Nominees
                                                          
600,000        Fidelity Management & Research Company     Lloyds Bank Nominees

1,400,000      Fidelity Management & Research Company     Chase Nominees Ltd

144,020        FMTC                                       How & Co

12,201,394     Fidelity Investment Services Limited       Clydesdale Bank

9,500          Fidelity Investment Limited                MSS Nominees Limited

807,228        Fidelity Investment Limited                Clydesdale Bank

194,000        Fidelity Investment Limited                State Street Nominees


END


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