Holding(s) in Company

Macfarlane Group PLC
22 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             3,562,858      3.098%    22 December, 2003
The Trustees of BT Pension Scheme


From Macfarlane Group PLC


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