Holding in Company

Caledonia Investments PLC
1 August 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

Caledonia Investments plc

2) Name of shareholder having a major interest

Essex County Council

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

Beneficial holding of the shareholder named in 2 above

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

Chase Nominees Limited

5) Number of shares/amount of stock acquired

2,435,114

6) Percentage of issued class

3.1%

7) Number of shares/amount of stock disposed



8) Percentage of issued class



9) Class of security

ordinary 5p

10) Date of transaction

24 July 2001

11) Date company informed

1 August 2001

12) Total holding following this notification

2,435,114


13) Total percentage holding of issued class following this notification

3.1%

14) Any additional information
The holding of 2,435,114 shares is not held directly but arises by virtue of a
relationship with Hermes Lens Asset Management Limited.


15) Name of contact and telephone number for queries

Mrs E J Osborn 020 7481 4343

16) Name and signature of authorised company official responsible for
making this notification
Mrs E J Osborn, Assistant Company Secretary
Date of notification ...........1.8.01.............