Holding(s) in Company

Inchcape PLC 12 March 2003 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 a notification dated 11 March 2003, received from Fidelity Investments. At the close of business on 12 March 2003, Inchcape plc's issued share capital was 77,793,709 Ordinary Shares of 150p each. Letter from: Inchcape plc NOTIFICATIONS UNDER SECTIONS 198 TO 202 -- UK 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 and Fidelity Management Trust Company (FMTC), a US state chartered bank which acts as a trustee or investment manager of various pension and trust accounts. (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 SECURITY: Inchcape Plc Ord Amendment No 20 SHARES HELD MANAGEMENT NOMINEE/REGISTERED COMPANY NAME (Ordinary Shares) 83,360 FMRCO State Street Nominees Limited 1,180,040 FMRCO Chase Nominees Limited 10,000 FMTC MSCO 23,200 FMTC State Street Nominees Ltd 151,100 FMTC Lloyds Bank Nominees Limited 4,100 FMTC Brown Brothers Harriman 35,500 FMTC Northern Trust 32,200 FMTC State Street Bank & Trust 24,900 FMTC Bank of New York- Europe 36,700 FMTC National Cities 400 FMTC State Street Bank & Trust 2,690,613 FISL Chase Nominees Ltd 39,000 FISL Chase Manhattan Bank London 52,600 FPM Mellon Bank 130,400 FPM Bankers Trust 4,600 FPM Credit Suisse FST BOS Zurich 6,600 FPM Citibank 78,200 FPM HSBC Client Holdings Nominee (UK) Limited 289,549 FIL Chase Nominees Ltd 1,169,844 FIL Bank of New York London 11,800 FIL Bankers Trust 44,070 FIL JP Morgan 461,843 FIL Northern Trust 97,600 FIL State Street Nominees Ltd 18,000 FIL Deutche Bank 19,800 FIL Mellon Nominees Ltd 96,600 FIL Bank of New York, Brussels 4,600 FIL National Australia Bank 78,628 FIL Chase Manhattan Bank London 80,300 FIL State Street Bank & Trust 21,900 FIL Nortrust Nominees Ltd. 8,900 FIL Citibank 2,600 FIL PICG 33,731 FIL JP Morgan TOTAL ORDINARY SHARES: 7,023,278 CURRENT OWNERSHIP PERCENTAGE: 9.03% SHARES IN ISSUE: 77,768,077 CHANGE IN HOLDINGS SINCE LAST FILING: +551,537 ordinary shares This information is provided by RNS The company news service from the London Stock Exchange

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