Holding in Company

SMG PLC
25 April 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)    Name of company
      SMG plc

2)    Name of shareholder having a major interest
      The Capital Group Companies, Inc

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
      Non-Beneficial

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

      Capital Guardian Trust Company
      State Street Nominees Limited                           209,181
      Chase Nominees Limited                                  3,173,214
      Midland Bank plc                                        3,335,249
      Nortrust Nominees                                       584,220

      Capital Research and Management Company
      State Street Nominees Limited                           1,107,563

5)    Number of shares/amount of stock acquired
      Not notified

6)    Percentage of issued class
      Not notified

7)    Number of shares/amount of stock disposed
      Not notified

8)    Percentage of issued class
      Not notified

9)    Class of security
      Ordinary Shares of 2.5p

10)   Date of transaction
      24 April 2001

11)   Date company informed
      25 April 2001

12)   Total holding following this notification
      8,409,427

13)   Total percentage holding of issued class following this notification
      2.68%

14)   Any additional information
      This notification is of disclosable interests under the UK Companies Act
      1985 Section 198. While this information details the disclosable
      interests of more than one entity, the disclosure constitutes separate
      notifications of interest which have been combined solely for the purpose
      of clarity and efficiency. The interests were combined solely for
      investment purposes. Capital Guardian Trust and Capital Research and
      Management Company are non-beneficial holders.

15)   Name of contact and telephone number for queries
      Lorna Tunn

      Tel No: 0141 300 3229

16)   Name and signature of authorised company official responsible for
      making this notification
      Dawn Davidson - Company Secretary