SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
P&O PRINCESS CRUISES PLC
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a - 16 OR 15d - 16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of
December 2002
Not Applicable
(Translation of registrant's name into English)
77 New Oxford Street, London WC1A 1PP
(Address of principal executive offices)
Indicate by check mark whether the registrant files or
will file annual reports
under cover of Form 20-F or Form 40-F
Form 20-F X Form 40-F ___
Indicate by check mark whether the registrant by
furnishing the information contained in this form is also
thereby furnishing the information to the Commission
pursuant to Rule 12g3 - 2(b) under the Securities
Exchange Act of 1934
Yes ____ No X
If "Yes" is marked, indicate below the file number
assigned to the registrant in connection with
Rule 12g3 - 2(b) 82 -
SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1) Name of company
P&O Princess Cruises plc
2) Name of shareholder having a major interest
UBS Warburg
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
Not stated
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them
Not stated
5) Number of shares/amount of stock acquired
Not stated
6) Percentage of issued class
Not stated
7) Number of shares/amount of stock disposed
Not stated
8) Percentage of issued class
Not stated
9) Class of security
Ordinary shares of 50c each
10) Date of transaction
N/A
11) Date company informed
12 December 2002
12) Total holding following this notification
21,169,562 ordinary shares
13) Total percentage holding of issued class following this notification
3.05%
14) Any additional information
Within this interest, 10,840,374 Ordinary shares are held by UBS Warburg for
hedging purposes in relation to contracts for difference entered into with
clients
15) Name of contact and telephone number for queries
Simon Pearce 020 7805 1208
16) Name and signature of authorised company official responsible for
making this notification
Simon Pearce, Company Secretary
Date of notification ...13 December 2002.....
SIGNATURE
Pursuant to the requirements of the Securities and
Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned,
thereunto duly authorized.
P&O PRINCESS CRUISES PLC
Date: 13 December 2002 By: /s/ Simon Pearce
Name: Simon Pearce
Title: Company Secretary