Holding in Company

Inchcape PLC
10 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, we enclose a copy of notification received today, 10 April, from HSBC
Investment Bank plc.

Please note that as at close of business on 9 April, 2001, Inchcape plc's issued
share capital was 82,248,980.

Letter from Inchcape PLC



Letter to Inchcape PLC

9 April 2001

Part VI Companies Act 1985

We hereby notify you in accordance with Part VI Companies Act 1985 ('the Act')
that HSBC Investment Bank plc was as at close of business on 9 April 2001
interested in 3,013,452 ordinary shares of Inchcape plc ('the Shares').  Of
these interests 874,990 were interests of a kind described in S.208(5) of the
Act.

Schedule 1 to this letter details, where known the identity of each registered
holder to which this notification relates.

HSBC Investment Bank Holdings plc as HSBC Investment Bank plc's parent and HSBC
Holdings plc, our ultimate parent company, were also interested, by virtue of
S.203 of the Act in all of the above mentioned Shares.

Letter from HSBC Investment Bank plc



                              Schedule 1

Schedule of known registered holders of Inchcape plc ordinary shares as at the
close of business on 5 April 2001.

James Capel (Nominees) Limited               61,846
James Capel (Nominees) Limited - COL      1,089,378
James Capel (Nominees) Limited - PC       1,070,084
Unknown                                     813,144
                                          ---------
TOTAL                                     3,013,452
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