Holding in Company

Smith (DS) PLC 24 October 2001 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company DS Smith PLC 2) Name of shareholder having a major interest Fidelity International 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 As above 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Fidelity International Limited and its direct and indirect subsidiaries 5) Number of shares/amount of stock acquired 3,354,200 6) Percentage of issued class 1.05% 7) Number of shares/amount of stock disposed N/A 8) Percentage of issued class N/A 9) Class of security Ordinary Shares of 10p each 10) Date of transaction 23 October 2001 11) Date company informed 24 October 2001 12) Total holding following this notification 19,404,582 13) Total percentage holding of issued class following this notification 6.05% 14) Any additional information 15) Name of contact and telephone number for queries Angela Hunter 020 7932 5032 16) Name and signature of authorised company official responsible for making this notification Carolyn Cattermole, Company Secretary Date of notification 24 October 2001

Companies

Smith (DS) (SMDS)
UK 100

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