Holding(s) in Company

Shanks Group PLC 08 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 6,431,242 RBS Trust Bank A/C FPM 914,701 Nortrust Nominees Limited A/C FPM 282,200 BT Globnet Nominees Ltd A/C FPM 49,800 Citibank A/C FPM 121,400 Bank of New York Europe A/C FPM 422,037 Bank of New York London A/C FPM 159,754 Nortrust Nominees Limited FIL 209,400 RBS Trust Bank A/C FIL 879,500 Chase Nominees Limited A/C FIL 101,300 Bankers Trust A/C FIL 99,400 Citibank A/C FIL 86,190 Bank of New York Europe A/C FIL 92,800 Northern Trust A/C FIL 532,500 Bank of New York London A/C FIL 1,130,900 TOTAL 11,513,124 4.92% 5) Number of shares/amount of stock held 11,513,124 6) Percentage of issued class 4.92% 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 8 May 2003 12) Total holding following this notification 11,513,124 13) Total percentage holding of issued class following this notification 4.92% 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 8 May 2003 This information is provided by RNS The company news service from the London Stock Exchange

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