Holding(s) in Company

Ashtead Group PLC
1 March 2002


Ashtead Group plc
Ordinary Shares of 10p


The Company has been advised today by Lazard Asset Management that Lazard Freres
& Co LLC and its subsidiaries have an interest in a total of 12,887,039 shares
in the Company.

The above interest in 12,887,039 shares in the Company represents an interest of
3.964% in the issued share capital of 325,131,792 shares, an increase of 0.062%
since the last report in September 2001.



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