Holding in Company

Macfarlane Group PLC
9 July 2001


LETTER TO COMPANY ANNOUNCEMENTS OFFICE

Substantial shareholdings           Macfarlane Group PLC

We have been notified in accordance with the Companies Act that the following
shareholder holds the number of shares set out below:-

                                      Number 
                                      of shares      %          Date notified

Funds managed or advised by
 Fidelity International Limited       4,903,700    3.95%        9 July 2001


LETTER FROM MACFARLANE GROUP PLC