Holding(s) in Company

Impax Group PLC
20 May 2002


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

Impax Group plc

2)   Name of shareholder having a major interest

AXA S.A.

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

Sun Life Pensions Management Limited

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

Smith & Williamson Nominees Limited - 125,000

RBSTB Nominees designation Sunpen - 3,890,400

5)   Number of shares/amount of stock acquired

200,000 Ordinary Shares

6)   Percentage of issued class

0.57%

7)   Number of shares/amount of stock disposed


8)   Percentage of issued class


9)   Class of security

Ordinary Shares

10)  Date of transaction

16 May 2002

11)  Date company informed

17 May 2002

12)  Total holding following this notification

4,015,400 Ordinary Shares

13)  Total percentage holding of issued class following this notification

11.32%

14)  Any additional information

15)  Name of contact and telephone number for queries

N Taunt, Company Secretary  020 7434 1122

16)  Name and signature of authorised company official responsible for
     making this notification

As in 15


     Date of notification: 20 May 2002



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