Holding(s) in Company

Shanks Group PLC 10 October 2006 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Shanks Group plc 2) Name of shareholder having a major interest Legal & General Investment 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 funds owned by Legal & General Investment Management Ltd 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 Ltd A/C 357206 5,568,471 HSBC Global Custody Nominee Ltd A/C 360509 360,445 HSBC Global Custody Nominee Ltd A/C 361602 149,700 HSBC Global Custody Nominee Ltd A/C 770286 1,015,700 HSBC Global Custody Nominee Ltd A/C 775237 558,700 HSBC Global Custody Nominee Ltd A/C 775245 684,045 HSBC Global Custody Nominee Ltd A/C 866203 438,185 HSBC Global Custody Nominee Ltd A/C 914945 85,813 HSBC Global Custody Nominee Ltd A/C 916681 12,200 HSBC Global Custody Nominee Ltd A/C 969995 540,513 HSBC Global Custody Nominee Ltd A/C 999392 37,182 TOTAL 9,450,954 4.02% 5) Number of shares/amount of stock acquired Held 6) Percentage of issued class N/A 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 10 October 2006 11) Date company informed 10 October 2006 12) Total holding following this notification 9,450,954 13) Total percentage holding of issued class following this notification 4.02% 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 10 October 2006 This information is provided by RNS The company news service from the London Stock Exchange

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