Holding(s) in Company

Young & Co's Brewery PLC
                  

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

On 9 January 2004 Young & Co.'s Brewery, P.L.C. (the "Company") received
notification from UBS Global Asset Management (UK) Ltd informing us that UBS
Global Asset Management Life Limited and UBS Global Asset Management Holding
(No.2) Limited no longer have a notifiable interest in the 'A' Ordinary 50p
share capital of the Company.

Company official responsible for making this notification
Severine Garnham

Name of contact and telephone number for queries

Sarah Anderson 020 8875 7000
Company Secretarial Assistant

Date of notification 9 January 2004