Holding in Company

Inchcape PLC
20 April 2001


Letter to Company Announcements Office

Section 198 - Companies Act 1985

By way of notification pursuant to paragraph 9.11, Chapter 9 of the Listing
Rules, below is a copy of notification received today, 20 April, from Brewin
Dolphin Securities Limited

Please note that as at close of business on 19 April, 2001, Inchcape plc's
issued share capital was 82,248,980.

Letter from Inchcape plc


Letter to:  Inchcape Plc

Disclosure under Section 198 Companies Act 1985 ('The Act')

I write to inform you, that our client I.M. Group Limited of Ryder Street, West
Midlands, B70 0JE and its associate, the charity Christian Vision, now have an
interest in 4,900,000 shares of Inchcape being 5.96% of the current issued
capital following the sale of 200,000 shares.

The registered holder of the shares is Brewin Nominees Limited.


Letter from:  Brewin Dolphin Securities Ltd