KWILLIAMS / reuters-21578 / test / 21097 

            

              
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WILLIS FABER NOT SELLING MORGAN GRENFELL STAKE
  <Willis Faber Plc> said its 20.8 pct
  holding in stockbrokers Morgan Grenfell Group Plc <MGFL.L> was
  not up for sale.
      The insurance broker issued a statement in reply to recent
  press speculation which it said was in part "inaccurate and
  undesirable."
      "Willis Faber has not received any offers for its stake in
  Morgan Grenfell," it said, adding that an offer would have to be
  considered on its merits.
      "Willis Faber's stake in Morgan Grenfell has been a very
  successful investment," it said.