Holding(s) in Company

Inchcape PLC
14 May 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
Inchcape plc

2. Name of shareholder having a major interest
(a) Morley Fund Management Limited (subsidiary of Aviva plc)

(b) Aviva plc

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18
See 2. Above

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
Morley Find Management Limited / Aviva plc

- BNY Norwich Union Nominees Ltd - 701,889

- Chase GA Group Nominees Ltd - 985,341

- CUIM Nominee Ltd - 588,468

5. Number of shares / amount of stock acquired
N/a

6. Percentage of issued class
N/a

7. Number of shares / amount of stock disposed
100,000

8. Percentage of issued class
0.13%

9. Class of security
Ordinary Shares of 150p each

10. Date of transaction
12 May 2004

11. Date company informed
14 May 2004

12. Total holding following this notification
No longer a notifiable interest

13. Total percentage holding of issued class following this notification
No longer a notifiable interest

14. Any additional information
Issued share capital at 12 May 2004 - 79,175,381 Ordinary Shares of 150p each

15. Name of contact and telephone number for queries
Alison Mansfield

020 7546 8321

16. Name and signature of authorised company official responsible for making
this notification
Alison Mansfield

Date of notification
14 May 2004

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