Holding(s) in Company

Balfour Beatty PLC
14 November 2003



'Balfour Beatty plc ('the Company') today received notice from Citibank, N.A.
London Branch, on behalf of Standard Life Investments Limited, in turn reporting
on behalf of Standard Life Group ('Standard Life') that Standard Life's material
notifiable interest in the ordinary share capital of the Company now comprises
20,669,892 ordinary shares, representing 4.92% of the issued ordinary share
capital of the Company.'




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