Holding(s) in Company

SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

All relevant boxes should be completed in block capital letters.

1. Name of company                   2. Name of shareholder having a major     
                                        interest                               
                                                                               
   THE BERKELEY GROUP HOLDINGS PLC      SAAD INVESTMENTS COMPANY LIMITED, MR   
                                        MAAN AL-SANEA AND LOMBARD ATLANTIC BANK
                                        N.V.                                   

3. Please state whether notification 4. Name of the registered holder(s) and,  
   indicates that it is in respect      if more than one holder, the number of 
   of holding of the shareholder        shares held by each of them            
   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                                                               
                                                                               
   AS IN 2 ABOVE                        VIDACOS NOMINEES LIMITED 7,796,114     
                                                                               
                                        RAFFLES NOMINEES (PTE) LTD 1,341,135   
                                                                               
                                        EUROCLEAR NOMINEES LIMITED 967,000     
                                                                               
                                        N.Y.NOMINEES LIMITED 4,927,689         
                                                                               
                                        CHASE NOMINEES LIMITED 670,000         
                                                                               
                                        CSFB NOMINEES LIMITED 20,000           

5. Number of      6. Percentage of  7. Number of shares 8. Percentage of      
   shares/amount     issued class      /amount of stock    issued class       
   of stock                            disposed                               
   acquired                                                                   
                                                                              
   INFORMATION                         INFORMATION NOT                        
   NOT PROVIDED                        PROVIDED                               

9. Class of security                10. Date of          11. Date company      
                                        transaction          informed          
                                                                               
   UNITS COMPRISING ONE NEW             INFORMATION NOT      10 DECEMBER 2004  
   ORDINARY SHARE, ONE 2006 B           PROVIDED                               
   SHARE, ONE 2008 B SHARE AND ONE                                             
   2010 B SHARE.                                                               

12. Total holding following this     13. Total percentage holding of issued    
    notification                         class following this notification     
                                                                               
    15,721,938                           13.01%                                

14. Any additional information       15. Name of contact and telephone number  
                                         for queries                           
                                                                               
    THE NOTIFICATION OF EACH OF SAAD     S MASSIE                              
    AND MR AL-SANEA IS THAT EACH HAS                                           
    A KNOWN NOTIFIABLE INTEREST IN       01932 868555                          
    SUCH SHARE CAPITAL NUMBERING                                               
    15,721,938 UNITS. THE                                                      
    NOTIFICATION OF LOMBARD, A                                                 
    WHOLLY OWNED SUBSIDIARY OF SAAD,                                           
    IS THAT LOMBARD HAS A KNOWN                                                
    NOTIFIABLE INTEREST IN 5,000,000                                           
    OF THE SAME 15,721,938 UNITS.                                              

16. Name and signature of authorised company official responsible for making   
    this notification                                                          
                                                                               
    E TAYLOR                                                                   
                                                                               
    01932 868555                                                               
                                                                               
Date of notification 10 DECEMBER 2004