Current Postion - Update

Ashtead Group PLC
21 March 2003

Ashtead Group plc Update 

Ashtead Group plc announces that it has today paid the interest due under its
senior credit facility that was deferred last Thursday, 13 March 2003.

The Board is proposing to defer payment of the interest on the Rentokil
convertible loan note that is due on 1 April 2003 and has decided to withdraw
the interim dividend declared on 15 January 2003 for the six months ended 31
October 2002.





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