Holding(s) in Company

Shanks Group PLC
14 August 2002


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

     Shanks Group plc


2) Name of shareholder having a major interest

     AXA S.A.


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

     In respect of beneficial holding by AXA S.A. 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

     HSBC Global Custody Nominee (UK) Ltd A/C 867815            942,720

     HSBC Global Custody Nominee (UK) Ltd A/C 867396          1,436,560

     HSBC Global Custody Nominee (UK) Ltd A/C 867372          4,325,100

     RBSTB Nominees A/C Sunpen                                   99,320

     Smith & Williamson Nominees Ltd                              3,750

     AXA Belgium                                                 92,750

        TOTAL                                                 6,900,200 2.95%


5) Number of shares/amount of stock      HELD



6) Percentage of issued class 2.95%



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 N/A



11) Date company informed 14 August 2002



12) Total holding following this notification 6,900,200




13) Total percentage holding of issued class following this notification 2.95%



14) Any additional information

Holding now fallen below 3%

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 14 August 2002



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