Holding(s) in Company

Lok'n Store Group PLC
21 December 2004


SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

Lok'n Store Group plc


2. Name of shareholder having a major interest

Mercury Special Situations Fund LP and Mercury Special Situations Offshore Fund,
Ltd


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


Shareholder named in 2 above



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Mercury Special Situations Fund LP                 1,133,500 Ordinary Shares of 
                                                   1p each
Mercury Special Situations Offshore Fund, Ltd       516,500 Ordinary Shares of 
                                                   1p  each


5. Number of shares / amount of stock acquired


6. Percentage of issued class


7. Number of shares / amount of stock disposed

8. Percentage of issued class

9. Class of security

Ordinary shares of 1p each

10. Date of transaction

11. Date company informed

20 December 2004

12. Total holding following this notification

1,650,000 Ordinary shares of 1p each

13. Total percentage holding of issued class following this notification

6.6%

14. Any additional information

15. Name of contact and telephone number for queries

Ray Davies tel: [phone]

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

Ray Davies

Date of notification

21 December 2004







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