RNS No 6913u
ST JAMES BEACH HOTELS PLC
21st July 1997

Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
St James Beach Hotels plc

2   Name of shareholder having a major interest:
Finsbury 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:
As in 2

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
As in 2

5   Number of shares/amount of stock acquired:
250,000

6   Percentage of issued class:
1.1%

7   Number of shares/amount of stock disposed:
N/A

8   Percentage of issued class:
N/A

9   Class of security:
Ordinary Shares

10  Date of transaction:
24 June 1997

11  Date company informed:
21 July 1997

12  Total holding following this notification:
825,000

13  Total percentage holding of issued class following this notification:
3.55%

14  Contact name for queries:
Reg Pomphrett

15 Contact telephone number:
01273 734933

16  Name of company official responsible for making notification:
Reg Pomphrett

17  Date of notification:
21 July 1997



Additional Information:


END


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