Holding(s) in Company

Smith (DS) PLC
30 May 2006


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

DS Smith Plc

2. Name of shareholder having a major interest

Prudential Plc

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

Registered name                     Number of Shares
---------------                    -----------------

JP MORGAN NOMINEES                    692,400
PRUCLT HSBC GIS NOM(UK) PAC AC     11,598,733
PRUCLT HSBC GIS NOM(UK) PHL AC         91,770
PRUCLT HSBC GIS NOM(UK) PPL AC        136,064
PRUCLT HSBC GIS NOM(UK)HYBF AC        183,540

5. Number of shares / amount of stock acquired

12,702,507

6. Percentage of issued class

3.25

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

25 May 2006

11. Date company informed

30 May 2006

12. Total holding following this notification

12,702,507

13. Total percentage holding of issued class following this notification

3.25

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

30 May 2006





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