Holding(s) in Company

Shanks Group PLC 02 August 2004 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Shanks Group plc 2) Name of shareholder having a major interest J O Hambro Capital Management 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 On behalf of J O Hambro Capital Management Group, parent company of J O Hambro Capital Management Limited 4)Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them J O Hambro Capital Management Limited 5) Number of shares/amount of stock HELD 10,804,636 6) Percentage of issued class 4.62% 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 2 August 2004 12) Total holding following this notification 10,804,636 13) Total percentage holding of issued class following this notification 4.62% 14) Any additional information Please note that the total holding of 10,804,636 shares in which all parties are interested includes a non-material interest for the purposes of Section 199 2A Companies Act 1985. JOHCM OEIC Managers LLP, is interested in 4,460,351 Ordinary shares, as investment manager of undertakings for collective investments in transferable securities. 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 2 August 2004 This information is provided by RNS The company news service from the London Stock Exchange

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