AAP Alpha Airports

RNS No 9895m
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 BELOW

5)  Number of shares/amount of stock acquired.

1,754,614

6)  (1.028%) 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

06/10/98

11) Date company informed

06/10/98

12) Total holding following this notification

18,921,995

13) Total percentage holding of issued class following this notification

11.08

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..06 OCTOBER 1998.......


ATTACHMENT 1

6 October 1998

No of Ordinary      Management Company                      Registered Holder
Shares of 10p

729,400             Fidelity Management & Research Company  Lloyds Bank Nominees
                                                            Limited

205,320             FMTC                                    State Street
                                                            Nominees Limited

16,623,512          Fidelity Investment Services Limited    Clydesdale Bank
                                                            (Head Office)
                                                            Nominees Ltd

1,169,763           Fidelity International Limited          Clydesdale Bank
                                                            (Head Office)
                                                            Nominees Limited

194,000             Fidelity International Limited          Chase Nominees 
                                                            Limited

END

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