Holding(s) in Company

Speedy Hire PLC 6 June 2002 Letter to Speedy Hire Plc 5p ORDINARY SHARES ('SHARES') We write to advise you that we, Schroder Investment Management Limited, have an interest in 6,212,866 shares which are held in portfolios managed by us on a discretionary basis for clients under investment management agreements. Included in this figure are:- (i) 4,467,866 shares held in (a) unit trust(s) operated and managed by an affiliated company, Schroder Unit Trusts Limited (SUTL), and registered or to be registered in the name of Chase Nominees Limited and, (ii) 1,745,000 shares neither registered nor to be registered in the name of Schroder Nominees. The registration details are shown on the schedule below. A wholly-owned subsidiary, Schroder Investment Management North America Limited (SIMNA Ltd), is managing on a discretionary basis (a) portfolio(s) holding a further 130,000 shares. These shares are registered or to be registered in the name of Chase Nominees Limited. An affiliated company, Schroder Investment Management North America Inc (SIMNA Inc), is managing (a) portfolio(s) on a similar basis holding a further 93,800 shares, 63,800 shares are registered or to be registered in the name of Chase Nominees Limited, while 30,000 shares are registered or to be registered in the name of State Street. We believe that we, our subsidiary and affiliated company are therefore interested in an overall aggregate of 6,436,666 shares, representing some 15.131% of the total number of shares in issue, namely 42,538,835. This notification is made to you:- (a) In respect of our Interest as investment, (b) on behalf of SIMNA Inc and SUTL in relation to the interests they are treated as having respectively under the Companies Act 1985 (the Act), and (c) on behalf of Schroders plc., our holding company, which is treated as having an interest in all of the above shares under the Act by virtue of its ownership of SIMNA Inc, SIMNA Ltd, SUTL and ourselves. We shall be grateful if you will kindly let us have a copy of your notification to the Stock Exchange and if you will also confirm the total number of shares currently In Issue. 5P ORDINARY SHARES SCHEDULE REGISTRATION AMOUNT British Coal Staff Superannuation a/c: P 607,000 Mineworkers' Pension Scheme a/c: R 288,000 Imperial Pensions Nominees Limited 500,000 BT Globenet Nominees Ltd a/c: 6B 350,000 1,745,000 From Schroders This information is provided by RNS The company news service from the London Stock Exchange

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Speedy Hire (SDY)
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