Holding(s) in Company

Macfarlane Group PLC
10 October 2003


Letter to RNS

We have been notified in accordance with the companies act that the following 
shareholder holds the number of shares set out below.
 
Name                                  No. of shares     %     Date notified

Second Advance Value Realisation      6,000,000      5.22%    10 October 2003
Company Limited


Letter From Macfarlane Group plc


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