Holding in Company

Shanks Group PLC 6 March 2001 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Shanks Group plc 2) Name of shareholder having a major interest Prudential plc 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 On behalf of Prudential plc and certain of its subsidiaries 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them PRUCLT HSBC GIS NOM(UK) PAC A/C 6,147,163 PRUCLT HSBC GIS NOM(UK) PHL A/C 773,573 PRUCLT HSBC GIS NOM(UK) PPL A/C 34,000 ROY NOMINEES 578079 A/C 1,056,421 ROY NOMINEES 578192 A/C 1,474,712 TOTAL 9,485,869 4.06% 5) Number of shares/amount of stock HELD 6) Percentage of issued class 4.06% 7) Number of shares/amount of stock disposed N/A 8) Percentage of issued class N/A 9) Class of security Ordinary 10p Shares 10) Date of transaction 6 March 2001 11) Date company informed 6 March 2001 12) Total holding following this notification 9,485,869 13) Total percentage holding of issued class following this notification 3.03% 14) Any additional information 15) Name of contact and telephone number for queries P Kaye 01628 524523 16) Name and signature of authorised company official responsible for making this notification P Kaye Date of notification 6 March 2001

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