GKLL Gaskell

RNS Number:8309O
Gaskell PLC
17 December 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     GASKELL PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     EAGLET INVESTMENT 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 FAVOUR OF 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.

     HSBC GLOBAL CUSTODY NOMINEES LTD
     ACCOUNT DESIGNATE: EAGLET

5)   Number of shares/amount of stock acquired.



6)   (N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     5,949,328

8)   (24.26%) of issued Class

9)   Class of security

     ORDINARY SHARES OF 5P EACH

10)  Date of transaction

     13/12/01

11)  Date company informed

     14/12/01

12)  Total holding following this notification

     NIL
               
13)  Total percentage holding of issued class following this notification



14)  Any additional information



15)  Name of contact and telephone number for queries

     R HOPKIN         01282 777890

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

     Date of Notification ....17 DECEMBER 2001....................

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