RNS Number:5279G
Hanover Capital Group PLC
23 January 2003


Hanover Capital Group plc ("Hanover" or the "Company")


Substantial shareholders



The Company was informed on 22 January 2003 that the following disposals and
purchases of shares have been made:


Shareholder                                  Number of                                Number of
                                         shares before                             shares after
                                            disposal /                               disposal /
                                              purchase                                 purchase
                                                       % share-holding  (Disposal)                        New %
                                                                        / purchase                share-holding
                                                    No               %          No           No               %

Sloane Holdings Limited                      5,000,000           10.45   (250,000)    4,750,000            9.92
Taunton Vale Limited                         6,835,935           14.28   (341,797)    6,494,138           13.57
Stonedale Investments Limited                6,835,935           14.28   (341,797)    6,494,138           13.57
Keyvale Investments Limited                  2,343,750            4.90   (117,188)    2,226,562            4.65
Vadni (International) Limited                2,343,750            4.90   (117,188)    2,226,562            4.65
Gold Flower Limited                          3,320,310            6.94   (166,015)    3,154,295            6.59
Sunoak Holdings Limited                      3,320,310            6.94   (166,015)    3,154,295            6.59
Pychley Limited                              1,500,000            0.00   1,500,000    1,500,000            3.13



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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