Holding(s) in Company

Shanks Group PLC 14 May 2003 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Shanks Group plc 2) Name of shareholder having a major interest 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 FISL 4,831,642 RBS Trust Bank A/C FPM 689,801 Nortrust Nominees Limited A/C FPM 217,200 BT Globnet Nominees Ltd A/C FPM 34,800 Citibank A/C FPM 93,500 Bank of New York Europe A/C FPM 422,037 Bank of New York London A/C FPM 122,954 Nortrust Nominees Limited FIL 161,200 RBS Trust Bank A/C FIL 659,400 Chase Nominees Limited A/C FIL 78,000 Bankers Trust A/C FIL 69,400 Citibank A/C FIL 66,390 Bank of New York Europe A/C FIL 71,400 Northern Trust A/C FIL 409,900 Bank of New York London A/C FIL 848,000 TOTAL 8,775,624 3.75% 5) Number of shares/amount of stock held 8,775,624 6) Percentage of issued class 3.75% 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 14 May 2003 12) Total holding following this notification 8,775,624 13) Total percentage holding of issued class following this notification 3.75% 14) Any additional information On behalf of various direct and indirect subsidiaries of Fidelity International Ltd and notifiable interests also comprise notifiable interest of Mr C Johnson 3rd, principal shareholder of 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 14 May 2003 This information is provided by RNS The company news service from the London Stock Exchange

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