RNS No 2677p
MOUNTCASHEL PLC
2nd December 1997

LETTER TO:  MOUNTCASHEL PLC

Companies Act 1985 - Disclosure of Interest in Shares

In accordance with the Companies Act disclosure requirements, I am writing to
inform you that following the sale of 250,000 ordinary shares, Ivory & Sime UK
Discovery Trust plc no longer has a disclosable interest in Mountcashel plc.

From:  Martin A Cassels (Company Secretary, Ivory & Sime UK Discovery Trust Plc)


END

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