RNS Number:5530R
Shaw (Arthur) & Co PLC
26 September 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ARTHUR SHAW & COMPANY PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

ACCOUNTING SERVICES LIMITED

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



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

AS ABOVE

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

14,750,000

8)   (1.71%) of issued Class

9)   Class of security

ORDINARY SHARES

10)  Date of transaction

NOT ADVISED

11)  Date company informed

26 SEPTEMBER 2000

12)  Total holding following this notification

24,745,600
               
              
13)  Total percentage holding of issued class following this notification

2.87

14)  Any additional information



15)  Name of contact and telephone number for queries

C.P. PARKES
01902368368

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

     Date of Notification ....26 SEPTEMBER 2000........



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