Holding(s) in Company

Shanks Group PLC 20 July 2004 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Shanks Group plc 2) Name of shareholder having a major interest Goldman Sachs International 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 Goldman Sachs Group, Inc. parent company of Goldman Sachs International 4)Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Goldman Sachs International A/C CREPTEMP 5) Number of shares/amount of stock HELD 7,290,500 6) Percentage of issued class 3.11% 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 20 July 2004 12) Total holding following this notification 7,290,500 13) Total percentage holding of issued class following this notification 3.11% 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 20 July 2004 This information is provided by RNS The company news service from the London Stock Exchange

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