Holding(s) in Company

Macfarlane Group PLC
18 February 2004


We have been notified in accordance with the companies act that the following
shareholders hold the number of shares set out below.



Name                              No. of shares       %        Date notified

The Trustees of the BT Pension
Scheme, Hermes Investment 
Management Ltd and Hermes 
Pension Management Ltd

BriTel Fund Nominees Ltd           7,043,482         6.124%     17 Feb 2004

Possfund Nominees Ltd              4,881,105         4.243%     17 Feb 2004

Total                             11,924,587        10.367%   


                      This information is provided by RNS
            The company news service from the London Stock Exchange