Holding(s) in Company

SMG PLC 27 May 2002 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of Company SMG plc 2) Name of shareholder having a major interest Fidelity 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 Non-Beneficial 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. Fidelity Management & Research Company (FMRCO) HSBC 655,160 Chase Nominees Ltd 9,291,944 State Street Nominees Ltd 1,206,857 Fidelity Investment Services Ltd (FISL) Chase Nominees Ltd 5,935,200 Chase Manhattan Bank London 3,652,706 Fidelity Pension Management (FPM) Bank of New York London 960,080 Northern Trust 139,000 Deutsche Bank 48,500 Citibank 87,000 Fidelity International Ltd (FIL) Chase Manhattan Bank London 688,300 Chase Nominees Limited 1,460,200 Northern Trust 1,148,600 Deutsche Bank 47,500 Deutsche Bank AG, London 38,500 Citibank 66,000 Bank of New York London 72,500 HSBC 110,200 5) Number of shares/amount of stock acquired 3,445,885 6) Percentage of issued class 1.10% 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 22 May 2002 11) Date company informed 24 May 2002 12) Total holding following this notification 25,608,247 13) Total percentage holding of issued class following this notification 8.15% 14) Any additional information These notifications of disclosable interests constitute separate notifications of interest in the shares and are combined for the purposes of clarity. Nothing herein should be taken to indicate that FMR Corp and its direct and indirect subsidiaries, Fidelity International Limited and its direct and indirect subsidiaries or Mr Edward C Johnson 3d act as a group or in concert in respect of the disclosed interests, or that they are required to submit these notifications on a joint basis. The disclosable interests arise under Section 208(4) (b) of the Act, namely where a person, not being the registered holder, is entitled to exercise a right conferred by the holding of the shares or to control the exercise of such rights, or under Section 203 of the Act respectively. 15) Name of contact and telephone number for queries Lorna Tunn - Tel No: 0141 300 3125 16) Name and signature of authorised company official responsible for making this notification Sara Clarke - Company Secretary 27 May 2002 This information is provided by RNS The company news service from the London Stock Exchange

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