Notification under Part VI of the Companies Act 1985 (as amended)

Please note that on 21st February 2003, Interserve Plc (the "Company") was
notified that ISIS Asset Management plc, as a result of its acquisition of
Royal & SunAlliance Investments, now holds 3,579,406 ordinary shares of 10p
each, representing 3.17% of the issued share capital of the Company.

24th February 2003



END