Holding(s) in Company

Marshalls PLC
19 October 2007

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer             Marshalls plc
of existing shares to which voting rights are attached:

2. Reason for the notification (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights                    X

An acquisition or disposal of financial instruments which may result in
the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the           AXA S.A. and its group of
notification obligation:                           companies

4. Full name of shareholder(s) (if different from 3.):

5. Date of the transaction (and date on which the  
threshold is crossed or reached if different):     17 October 2007

6. Date on which issuer notified:                  18 October 2007

7. Threshold(s) that is/are crossed or reached:    5%

8. Notified details:

A: Voting rights attached to shares

Class/type   Situation previous   Resulting situation after the
of shares    to the triggering    triggering transaction
if possible  transaction
using the    Number     Number    Number    Number of voting rights     % of
ISIN CODE    of         of        of                                    voting
             Shares     Voting    Shares                                rights
                                  Direct    Direct    Indirect  Direct  Indirect

GB00B012BV22 8,668,730  8,668,730 5,883,238 5,883,238 487,000   4.14    0.34

B: Financial Instruments

Resulting situation after the triggering transaction

Type of     Expiration Exercise/     Number of voting rights that may   % of
financial   date       Conversion    be acquired if the instrument is   voting
instrument             Period/ Date  exercised/ converted               rights

N/A         N/A        N/A           N/A                                N/A

Total (A+B)
Number of voting rights                      % of voting rights
6,370,238                                    4.48%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Name of the Company/Fund           Number of Shares    % of issued share
                                                       capital 

AXA Sun Life plc                   766,021             0.53876
(With profit)

AXA Sun Life                       900,000             0.63299
Deferred Distribution Fund Life

AXA Sun Life                       1,096,371           0.77111
Distribution Fund Life

AXA UK Investment Co ICVC          400,000             0.28133
Distribution Fund

AXA UK Investment Co ICVC          60,000              0.04220
Extra Income Fund

PPP Healthcare Group plc           130,000             0.09143

AXA Institutional Equity Fund      96,009              0.06753
Equity Fund

Sun Life Assurance Society plc     431,800             0.30370
With profit

AXA Insurance UK                   512,000             0.36010
Managed

AXA UK Group Pension Scheme        26,000              0.01829

Sun Life International (IOM)       1,300,000           0.91433

Sun Life Pensions Management       106,559             0.07495

AXA Sun Life                       40,000              0.02813
LTAV UK Equity Life

AXA Sun Life                       25,430              0.01789
FTSE All Share Tracker Life

AXA Sun Life                       160,000             0.11253
LTAV UK Equity Pension

AXA Sun Life                       127,001             0.08932
FTSE All Share Tracker Pension

AXA Framlington onshore            1,000               0.00070
private clients

AXA Winterthur                     35,973              0.02530

AXA Sun Life                       96,228              0.06768
With Profit Transition Fund

Sun Life Assurance Society         59,846              0.04209
With Profit Transition Fund

Proxy Voting:

10. Name of the proxy holder:                                              N/A

11. Number of voting rights proxy holder will cease to hold:               N/A

12. Date on which proxy holder will cease to hold voting rights:           N/A

13. Additional information:

14. Contact name:             Elizabeth Blease, Company Secretary
                              Marshalls plc

15. Contact telephone number: 01484 438900





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