Holding(s) in Company

Inchcape PLC
8 July 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 Standard Life
Investments.

As at close of business on 5 July 2002, Inchcape plc's issued share capital was
77,570,756.

Letter from:  Inchcape plc


Letter to:  Inchcape PLC

Inchcape PLC Ord GBP 1.50 shares

In terms of Part V of the Companies Act 1989, Section 134, I have to inform you
that on 05/07/2002, Standard Life Investments sold 64,060 shares on behalf of
Standard Life Group, this decreased the total held as a material interest to
4,597,579 shares being 5.922% of the issued stock of that class.

No. of shares held                           Registered Name

    4,597,579                          Stanlife Nominees Limited

Letter from: Standard Life Investments


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