Holding(s) in Company

Shanks Group PLC 18 January 2008 TR-1 : NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing SHANKS GROUP PLC shares to which voting rights are attached: 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights X 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):Disclosure required following the implementation of the DTR Rules 3. Full name of person(s) subject to the notification LIONTRUST INVESTMENT SERVICES LIMITED obligation: 4. Full name of shareholder(s) (if different from 3.): N/A 5. Date of the transaction (and date on which the threshold is 15/1/2008 crossed or reached if different): 6. Date on which issuer notified: 17/1/2008 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous to Resulting situation after the triggering transaction shares the Triggering transaction if possible Number of Number of Number of Number of voting rights % of voting rights using the ISIN Shares Voting shares CODE Rights Direct Direct Indirect Direct Indirect Ordinary Shares 12,082,512 12,082,512 11,682,512 11,682,512 4.93% 10p B: Financial Instruments Resulting situation after the triggering transaction i Type of financial Expiration date Exercise/ Conversion Number of voting rights % of voting instrument i Period/ Date that may be acquired if rights the instrument is exercised/ converted. Not Applicable Total (A+B) Number of voting rights % of voting rights 11,682,512 4.92 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable : Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: 14. Contact name: ADRIAN McCRORY 15. Contact telephone number: 020 7412 1730 Carolyn Gibson Company Secretary Shanks Group plc 01628 554920 This information is provided by RNS The company news service from the London Stock Exchange

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