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Ashtead Group plc

16th March 2007

                               ASHTEAD GROUP PLC                               

                            Ordinary Shares of 10p                             

Ashtead Group plc announces it has today been notified by Lloyds TSB Group plc
that as at 14th March 2007 it was interested in a total of 19,025,835 shares
(or 3.39% of its share capital). The reason for the notification is for
transparency purposes under DTR5 and not due to any market transactions.