Holding in Company

Macfarlane Group PLC
21 September 2001



Substantial shareholdings      Macfarlane Group PLC

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

                               Number
                               of shares        %      Date notified

The Alliance Trust PLC and
The Second Alliance Trust PLC   4,957,024      4.12%    21 Sept 2001