Holding in Company

Hill & Smith Hldgs PLC
13 March 2001


Hill & Smith Holdings PLC has today been notified that The Fleming Mercantile
Investment Trust PLC has an interest in 2,372,672 Ordinary Shares of 25p each,
representing 3.89 per cent of the issued share capital of Hill & Smith
Holdings PLC. The shares are registered in the name of Robert Fleming Nominees
Limited.