Holding in Company

Grafton Group PLC
19 February 2001

Grafton Group Plc

19 February 2001

Re: Holding in Company

Notification from Grafton Group Plc to the Irish Stock Exchange, dated 16th
February 2001.




                      Notification of Shareholding under

               Chapter 2 of Part IV of the Companies Act, 1985



Grafton Group Plc (the company) has been informed on 14th February 2001 by
Allied Irish Banks plc of Bank Centre, Ballsbridge, Dublin 4 that it and its
subsidiaries no longer has a notifiable interest in the share capital of the
company.



Charles Rinn

Company Secretary

Grafton Group Plc