Holding(s) in Company

Shanks Group PLC 14 October 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 445,750 TOTAL 7,253,200 3.10% 5) Number of shares/amount of stock HELD 6) Percentage of issued class 3.10% 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 October 2002 12) Total holding following this notification 7,253,200 13) Total percentage holding of issued class following this notification 3.10% 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 14 October 2002 This information is provided by RNS The company news service from the London Stock Exchange

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