Holding(s) in Company

Balfour Beatty PLC
17 September 2003

Balfour Beatty plc ('the Company') today received notice from HBOS plc ('HBOS')
that their notifiable interest in the ordinary share capital of the Company now
comprises 16,595,034 ordinary shares, representing 3.95% of the issued ordinary
share capital of the Company.


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