Holding(s) in Company

Headlam Group PLC
04 October 2004



Headlam Group plc - DISCLOSURE OF INTEREST IN SHARES


Headlam Group plc has today received the following notification in respect of
notifiable interests in the ordinary voting shares of 5p of the company.

In accordance with Sections 198-202 of the Companies Act 1985, we write on
behalf of Deutsche Bank AG to inform you that on the basis that the relevant
issued share capital of your company is 85,653,873 ordinary shares, Deutsche
Bank AG and its subsidiary companies no longer have a notifiable interest in the
shares of Headlam Group plc.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany, of which
Deutsche Bank AG London is a branch.


4 October 2004


End


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