Holding(s) in Company

Inchcape PLC 17 May 2002 Letter to RNS 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 Fidelity Investments. As at close of business on 16th April 2002, Inchcape plc's issued share capital was 77,569,901. Letter from Inchcape Plc Amendment # 15 NOTIFICATIONS UNDER SECTIONS 198 TO 202 - U.K. COMPANIES ACT 1. Company in which shares are held: Inchcape Plc Ord 2. Notifiable Interest: Ordinary Shares (A) FMR Corp, 82 Devonshire Street Boston, MA 02109 Parent holding company of Fidelity Management & Research Company (FMRCO), investment manager for US mutual funds (See Schedule A for listing of Registered Shareholders and their holdings). (B) Fidelity International Limited (FIL) P.O. Box HM 670 Hamilton HMCX, Bermuda Parent holding company for various direct and indirect subsidiaries, including Fidelity Investment Services Ltd. (FISL) and Fidelity Pension Management (FPM), investment managers for various non-US investment companies and institutional clients. (See Schedule A for listing of Registered Shareholders and their holdings.) 3. The notifiable interests also comprise the notifiable interest of: Mr. Edward C. Johnson 3d 82 Devonshire Street Boston, MA 02109 A principal shareholder of FMR Corp. and Fidelity International Limited. 4. The notifiable interests include interest held on behalf of authorized unit trust schemes in the U.K., notwithstanding the exemption from reporting pursuant to Section 209 (1)(h) of the Companies Act 1985. 5. These notifications of disclosable interests constitute separate notifications of interest in the shares and are combined solely for the purposes of clarity. Nothing herein should be taken to indicate that FMR Corp and its direct and indirect subsidiaries, Fidelity International Limited and its direct and indirect subsidiaries or Mr. Edward C. Johnson 3d act as a group or in concert in respect of the disclosed interests, or that they are required to submit these notifications on a joint basis. 6. The disclosable interests arise under section 208 (4) (b) of the Act, namely where a person, not being the registered holder, is entitled to exercise a right conferred by the holding of the shares or to control the exercise of such rights, or under section 203 of the Act respectively. Schedule A Amendment #15 Security: Inchcape Plc Ord MANAGEMENT SHARES HELD COMPANY NOMINEE/REGISTERED NAME (Ordinary Shares) 9,300 FMRCO HSBC 69,960 FMRCO State Street Nominees Limited 1,180,040 FMRCO Chase Nominees Limited 1,400 FMRCO 2,724,354 FISL Chase Nominees Ltd 28,700 FPM Mellon Bank 282,319 FIL Chase Nominees Ltd 279,744 FIL Bank of New York London 247,562 FIL HSBC Client Holdings Nominee (UK) Limited 7,000 FIL Bankers Trust 1,175 FIL JP Morgan 133,000 FIL Northern Trust 65,000 FIL State Street Nominees Ltd Total Ordinary Shares 5,029,554 Current ownership percentage: 6.49% Shares in issue: 77,521,698 Change in holdings since last filing: +1,115,800 ordinary shares This information is provided by RNS The company news service from the London Stock Exchange END HOLSFWFLWSESEFI

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