Holding(s) in Company

Inchcape PLC
7 November 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 received today, 7 November 2003, from
Citibank on behalf of Standard Life Investments.

At the close of business on 6 November 2003, Inchcape plc's issued share capital
was 78,596,981 Ordinary Shares of 150p each.

From:  Alison Mansfield



LETTER TO:  INCHCAPE PLC

Inchcape plc Ord GBP1.50 shares

In terms of Part VI of the Companies Act 1985 (as amended), I have to inform you
on behalf of Standard Life Investments that on 06/11/03, Standard Life
Investments sold 75,000 shares on behalf of Standard Life Group, this decreased
the total held as a material interest to 4,685,586 shares being 5.979% of the
issued stock of that class.

No. of shares held                 Registered Name

4,685,586                          Stanlife Nominees Limited  
 
From:  Data Control (Citigroup)


                      This information is provided by RNS
            The company news service from the London Stock Exchange