Holding(s) in Company

Smith (DS) PLC 14 October 2004 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company DS Smith Plc 2) Name of shareholder having a major interest Standard Life Investments 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 Vidacos Nominees 5) Number of shares/amount of stock acquired N/A 6) Percentage of issued class N/A 7) Number of shares/amount of stock disposed 689,108 8) Percentage of issued class 0.18% 9) Class of security Ordinary shares of 10p each 10) Date of transaction 13 October 2004 11) Date company informed 14 October 2004 12) Total holding following this notification 18,859,330 13) Total percentage holding of issued class following this notification 4.87% 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 14 October 2004 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Smith (DS) (SMDS)
UK 100

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