Holding in Company

Smiths Group PLC
22 May 2001


22 May 2001

Schedule 10 - Notification of Major Interests in Shares

1 Name of company: Smiths Group plc

2 Name of shareholder having a major interest: Capital Guardian Trust Company

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:

Notification by The Capital Group Companies, Inc. on behalf of Capital
Guardian Trust Company, in respect of funds managed on behalf of investment
clients.

4 Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:

Shareholder                                                     Shares
State Street Nominees Limited                                   5317689
Bank of New York Nominees Limited                               700317
Chase Nominees Limited                                          14238324
BT Globenet Nominees Limited                                    124846
Midland Bank plc                                                5781588
Bankers Trust                                                   2072302
Barclays Bank                                                   638380
Citibank London                                                 1218100
Nortrust Nominees Limited                                       4683568
Royal Bank of Scotland                                          13512
Citibank NA Toronto                                             62480
ROY Nominees Limited                                            27900
Deutsche Bank AG                                                2000
Lloyds Bank                                                     5100
Deutsche Bank, Mannheim                                         1600
MSS Nominees Limited                                            47000
HSBC Bank plc                                                   900
Mellon Nominees (UK) Limited                                    100700


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

6 Percentage of issued class: N/A

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

8 Percentage of issued class: N/A

9 Class of security: Ordinary shares of 25p

10 Date of transaction: Not disclosed

11 Date company informed: 22 May 2001 (re interests as at 18 May 2001)

12 Total holding following this notification: 35,036,306 shares

13 Total percentage holding of issued class following this notification: 6.32%

14 Contact name for queries: Neil Burdett

15 Contact telephone number: 020 8457 8229

16 Name of company official responsible for making notification: Neil Burdett

17 Date of notification: 22 May 2001

Additional Information:

Capital Guardian Trust Company ('Capital Guardian') is one of the affiliates
of The Capital Group Companies, Inc. ('Capital Group'). On 15 May 2001,
Capital Group notified the Company that its affiliates were, in aggregate,
interested in 10.42% of the Company's share capital on 11 May 2001.

This notification relates to the increase in the percentage interest of
Capital Guardian only, from 5.90% (on 11 May 2001) to 6.32% of the Company's
issued share capital on 18 May 2001.

Capital Group's affiliates, in aggregate, presently have interests over 10.85%
of the Company's issued share capital.