RNS Number:3994L
Alpha Airports Group PLC
21 May 2003


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     ALPHA AIRPORTS GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     FIDELITY INTERNATIONAL 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

     NON-BENEFICIAL

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

     CHASE MANHATTAN BANK LONDON (FISL)                       736,017
     CLYDESDALE BANK (HEAD OFFICE) NOMINEES LTD (FISL)     18,530,201
     CLYDESDALE BANK (HEAD OFFICE) NOMINEES LTD (FIL)       1,202,715
     CHASE MANHATTAN BANK LONDON (FIL)                         34,010

5)   Number of shares/amount of stock acquired.



6)   (N/A%) of issued Class


7)   Number of shares/amount of stock disposed

     336,731

8)   (0.197%) of issued Class


9)   Class of security

     ORDINARY SHARES OF 10 PENCE EACH

10)  Date of transaction



11)  Date company informed

     20 MAY 2003

12)  Total holding following this notification

     20,502,943
               
13)  Total percentage holding of issued class following this notification

     11.97%

14)  Any additional information

     TOTAL NUMBER OF SHARES IN ISSUE 171,303,217

15)  Name of contact and telephone number for queries

     DEBO SOKOYA (020) 8580 3391

16)  Name and signature of authorised company official responsible for 
     making this notification    H McRAE, COMPANY SECRETARY

     Date of Notification        21 MAY 2003


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

END

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