Holding(s) in Company

Shanks Group PLC
21 January 2003

                                  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                          22,900

             Smith & Williamson Nominees Ltd                     3,750

             AXA Belgium                                       278,000

        TOTAL                                             7,009,030 2.99%


5) Number of shares/amount of stock      HELD



6) Percentage of issued class 2.99%



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 21 January 2003



12) Total holding following this notification 7,009,030




13) Total percentage holding of issued class following this notification 2.99%



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 21 January 2003




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