Holding(s) in Company

Macfarlane Group PLC
16 December 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
                                                             
BrTel Fund Trustees Ltd          3,447,920        2.998%     15 December, 2003
The Trustees of BT
Pension Scheme     



From  Macfarlane Group PLC
      Alan Cotton
      Company Secretary

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