Holding(s) in Company

Macfarlane Group PLC
22 December 2006


                        Substantial Shareholding

Dear Sir

We were notified yesterday that Edinburgh Partners Ltd has a notifiable interest
of 11.94% in Macfarlane Group PLC. This interest is made up as follows:


                                                  No of shares            %
Anglo & Overseas Plc                                 4,250,000         3.70%
                                                     
EP UK Opportunities Fund                             1,350,000         1.17%

St Barthholomews & Royal                               
London Charitable Foundation                           835,000         0.73%

HSBC Investment Funds - Income Fund                  7,300,000         6.35%

Total                                               13,735,000        11.94%

Regards

Andrew Cotton
Companty Secretary

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