RNS No 7907w
CAPITOL GROUP PLC


NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company:
Capitol Group plc


2. Name of shareholder having a major interest:
Undervalued Assets Trust plc

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:

In respect of holding of the shareholder named in 2 above


4. Name of the registered holder(s) and, if more than one
holder, the number of shares held by each of them:

-


5. Number of shares/amount of stock acquired:
n/a



6. Percentage of issued class:
n/a


7. Number of shares/amount of stock disposed:
n/a

8. Percentage of issued class:
n/a


9. Class of security:
Ordinary shares of 5p each


10. Date of transaction:
-


11. Date company informed:
15 June 1997


12. Total holding following this notification:
749,417


13. Total percentage holding of issued class following this
notification:
6.1%


14. Any additional information:


The total shareholding arises from the acquisition by
Undervalued Assets Trust plc of Pilot Investment Trust plc


15. Name of contact and telephone number for queries:
Cliff Cavender, Finance Director - 0181-770 2091


16. Name and signature of authorised company official
responsible for making this notification:

Authorised signatory: M. Alex Borrelli - For Granville Davies

Date of notification: 1 July 1997


END