Holding(s) in Company

Shanks Group PLC 27 February 2002 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Shanks Group plc 2) Name of shareholder having a major interest FMR Corp. and Fidelity International Limited 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 Non-beneficial 1. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Chase Nominees Limited A/C FMRCO 1,397,200 State Street Nominees Limited A/C FMRCO 500,800 HSBC A/C FMRCO 90,000 State Street Nominees Limited A/C FMTC 85,600 Brown Brothers Harriman A/C FMTC 23,200 Chase Nominees Limited A/C FISL 5,845,084 RBS Trust Bank A/C FPM 964,850 Nortrust Nominees Limited A/C FPM 161,700 BT Globnet Nominees Ltd A/C FPM 90,900 Citibank A/C FPM 161,400 Bank of New York Europe A/C FPM 455,837 Bank of New York London A/C FPM 217,354 Nortrust Nominees Limited FIL 275,800 RBS Trust Bank A/C FIL 717,300 Chase Nominees Limited A/C FIL 128,580 Bankers Trust A/C FIL 162,500 Citibank A/C FIL 125,400 Bank of New York Europe A/C FIL 133,900 Northern Trust A/C FIL 185,800 TOTAL 11,723,205 5.02% 5) Number of shares/amount of stock held 11,723,205 6) Percentage of issued class 5.02% 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 Not given 11) Date company informed 26 February 2002 12) Total holding following this notification 11,723,205 13) Total percentage holding of issued class following this notification 5.02% 14) Any additional information On behalf of various direct and indirect subsidiaries of FMR Corp. and Fidelity International Ltd and notifiable interests also comprise notifiable interest of Mr C Johnson 3rd, principal shareholder of FMR Corp. and Fidelity International Ltd. 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 27 February 2002 This information is provided by RNS The company news service from the London Stock Exchange END HOLFGGZZZNMGZZM

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