Holding in Company

Inchcape PLC
2 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 a notification received today, 2 April, from M&G
Investment Management Limited.

Please note that as at close of business on 30 March 2001, Inchcape plc's issued
share capital was 85,528,980.


LETTER FROM: INCHCAPE PLC




LETTER TO: INCHCAPE PLC



Companies Act 1985 (as amended):
Disclosure of Interests in Shares

In accordance with Part VI of the Companies Act 1985 (as amended) (the 'Act'),
we write to inform you that Prudential plc and certain of its subsidiary
companies have a notifiable interest in the issued share capital of your company
as detailed in the schedule below.

For the purposes of S210 of the Act, the address for those companies identified
in the schedule below is Laurence Pountney Hill London EC4R 0HH.



LETTER FROM: M&G INVESTMENT MANAGEMENT LIMITED






              NOTIFIABLE POSITION REPORT FOR INCHCAPE ORD GBP1.50
                             AS AT 30 MARCH 2001


Percentage holdings are calculated using an issued share capital of 85,528,980
ORD GBP1.50 shares

                Registered Holder               Holding       %

Prudential plc                                  2,577,091     3.01   Total 
                                                                     Notifiable
                                                                     Interest

                PRUCLT HSBC GIS NOM(UK) PAC AC  2,561,091

                PRUCLT HSBC GIS NOM(UK) PPL AC     16,000


The Prudential                                  2,577,091     3.01
Assurance 
Company
Limited  

                PRUCLT HSBC GIS NOM(UK) PAC AC  2,561,091

                PRUCLT HSBC GIS NOM(UK) PPL AC     16,000