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Shanks Group PLC 08 August 2007 TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of Shanks Group plc existing shares to which voting rights are attached: 2. Reason for notification (yes/no) YES An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):______________ 3. Full name of person(s) subject to notification Credit Suisse Securities (Europe) Limited obligation: 4. Full name of shareholder(s) (if different from Credit Suisse Securities (Europe) Limited 3): Credit Suisse International 5. Date of transaction (and date on which the 03.08.07 threshold is crossed or reached if different): 6. Date on which issuer notified: 07.08.07 7. Threshold(s) that is/are crossed or reached: 4% 8: Notified Details A: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transaction shares triggering transaction Number of Number of Number of Number of voting rights Percentage of voting If possible use shares voting shares rights ISIN code rights Direct Indirect Direct Indirect GB0007995243 7,106,732 7,106,732 9,947,564 9,947,564 n/a 4.22% n/a B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ conversion No. of voting rights Percentage of voting instrument period/date that may be acquired rights (if the instrument exercised/converted) Total (A+B) Number of voting rights Percentage of voting rights 9,947,564 4.22% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: Credit Suisse Securities (Europe) Limited and Credit Suisse International are part of the Investment Banking division of Credit Suisse ('CSIBD'), which is part of the Credit Suisse Group ('CSG'). CSIBD is a segregated business unit within CSG with an independent management structure and exercises its voting rights independently from other divsions of CSG Proxy Voting: 10. Name of proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14 Contact name: Glenda Burford 15. Contact telephone number: +44207888 3599 Carolyn Gibson Company Secretary Shanks Group plc Tel: 01628 554920 This information is provided by RNS The company news service from the London Stock Exchange

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