Dividend Declaration

Ashtead Group PLC
16 January 2003



LETTER TO:  RNS

15 January 2003

Ashtead Group plc
Ordinary Shares of 10p each
Interim Dividend for the year ended 30 April 2003


The details of the proposed interim dividend for the year ended 30 April 2003
are as follows:

Amount:                              0.62 per share

Payment Date:                        7 April 2003

Record date:                         28 February 2003

Ex-dividend date:                    26 February 2003

From:  R E Clark (Company Secretary)


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