Holding(s) in Company

RWS Holdings PLC
23 November 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.     Name of company
        RWS Holdings plc


2.     Name of shareholder having a major interest
       Merrill Lynch Investment Managers


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.
        The notification is in respect of both Beneficial and Non-Beneficial holdings as detailed below.


4.     Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them
       Nutraco Nominees Limited (Designated & Undesignated) 3,219,412  Non-Beneficial
       Merrill Lynch Pensions Nominees Limited a/c NONCERT 170,556 Beneficial
        Nortrust Nominees Limited 185,870 Non-beneficial

       Mellon Nominees Limited 477,427 Non-beneficial
       Others 167,396


5.     Number of shares/amount of stock acquired
       Not disclosed


6.     Percentage of issued class
       Not disclosed


7.     Number of shares/amount of stock disposed
       Not disclosed


8.     Percentage of issued class
        Not disclosed


9.     Class of security
        Ordinary shares of 5p each


10.    Date of transaction
        19 November 2004


11.    Date company informed
       23 November 2004


12.    Total holding following this notification
       4,220,661


13.    Total percentage holding of issued class following this notification
        11.06%


14.    Any additional information
        This disclosure relates to the holding of Merrill Lynch Investment Management and not the whole Merrill Lynch
       Group
15.    Name of contact and telephone number for queries
        Mike McCarthy 01753 480240


16.    Name and signature of authorised company official responsible for making this notification.
        Mike McCarthy, Finance Director


Date of notification: 23 November 2004




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