Holding(s) in Company

Shanks Group PLC 14 November 2006 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Shanks Group plc 2) Name of shareholder having a major interest AXA S.A. 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 In respect of beneficial holding by AXA S.A. and certain of its subsidiaries 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 (UK) Ltd A/C 867815 300,000 HSBC Global Custody Nominee (UK) Ltd A/C 867396 1,973,598 HSBC Global Custody Nominee (UK) Ltd A/C 867372 3,745,453 HSBC Global Custody Nominee (UK) Ltd A/C 776950 17,639 HSBC Global Custody Nominee (UK) Ltd A/C 867050 56,063 BNY (OCS) Nominees Ltd 6,000 AXA Rosenberg 909,000 SLUAX 949 SLPMX 7,098 TOTAL 7,015,800 2.99% 5) Number of shares/amount of stock HELD 7,015,800 6) Percentage of issued class 2.99% 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 14 November 2006 12) Total holding following this notification 2.99% 13) Total percentage holding of issued class following this notification 2.99% 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 14 November 2006 This information is provided by RNS The company news service from the London Stock Exchange

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