Holding(s) in Company

Inchcape PLC
19 March 2002


LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

LETTER DATED 7 MARCH 2002


Section 198 - Companies Act 1985

By way of notification pursuant to paragraph 9.11, chapter 9 of The Listing
Rules, we submit a copy of notification received from Standard Life Investments.

As at close of business on 19th March 2002, Inchcape plc's issued share capital 
was 77,521,698.


LETTER FROM: INCHCAPE PLC



LETTER TO: INCHCAPE PLC

Inchcape Ord GBP1.50 shares

In terms of Part V of the companies Act 1989, Section 134, I have to inform you
that on 15/03/02, Standard Life Investments purchased 750,000 shares on behalf
of Standard Life Group, this increased the total held as a material interest to
4,186,604 shares being 5.396% of the issued stock of that class.

No. of shares held                          Registered Name

     4,186,604                          Stanlife Nominees Limited


LETTER FROM: STANDARD LIFE INVESTMENTS



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