Holding(s) in Company

SMG PLC
07 February 2008



TR-1: Notifications of Major Interests in Shares


1.  Identity of the issuer or the underlying issuer of existing shares to which 
    voting rights are attached:        

    SMG plc


2.  Reason for notification (yes/no)

    An acquisition or disposal of voting rights                             Yes
                              
    An acquisition or disposal of financial instruments which may result     No
    in the acquisition of shares already issued to which voting rights     
    are attached

    An event changing the breakdown of voting rights                         No

    Other (please specify):______________                                    No


3.  Full name of person(s) subject to notification obligation:       

    UBS Global Asset Management - Traditional                


4.  Full name of shareholder(s) (if different from 3):                                      
                                     
    UBS Global Asset Management (Americas) Inc.
    UBS Global Asset Management (Australia) Limited
    UBS Global Asset Management (Canada) Co.
    UBS Global Asset Management Life Limited
    UBS Global Asset Management (UK) Limited
              

5.  Date of transaction (and date on which the threshold is crossed or reached 
    if different):

    04 February 2008


6.  Date on which issuer notified:                  

    06 February 2008


7.  Threshold(s) that is/are crossed or reached:      

    15.07%
                                               

8:  Notified Details

A:  Voting rights attached to shares

Class/type   Situation previous      Resulting situation after the triggering 
of shares    to the triggering       transaction
If possible  transaction
use ISIN
code         Number of   Number of   Number of   Number of voting      Percentage of
             shares      voting      shares      rights                voting rights
                         rights      
                                     Direct      Direct    Indirect    Direct Indirect
                                                     
GB0004325402 125,760,569 125,760,569 143,325,476 5,503,529 137,821,947 0.58%  14.49%


B:  Financial Instruments

Resulting situation after the triggering transaction
Type of     Expiration Exercise/     No. of voting rights that may   Percentage
financial   date       conversion    be acquired (if the instrument  of voting
instrument             period/date   exercised/converted)            rights


Total (A+B)
Number of voting rights              Percentage of voting rights
143,325,476                          15.07%


9.  Chain of controlled undertakings through which the voting rights and/or the
    financial instruments are effectively held, if applicable:
    
    UBS Global Asset Management (Americas) Inc         - 2,594,345   (0.27%)
    UBS Global Asset Management (Australia) Limited    - 175,285     (0.02%)
    UBS Global Asset Management (Canada) Co.           - 60,574      (0.01%)
    UBS Global Asset Management Life Limited           - 5,503,529   (0.58%)
    UBS Global Asset Management (UK) Limited           - 134,991,743 (14.19%)


Proxy Voting:

10. Name of proxy holder:            

    UBS Global Asset Management on behalf of a number of asset management clients


11. Number of voting rights proxy holder will cease to hold:


12. Date on which proxy holder will cease to hold voting rights:


13. Additional information:


14. Contact name:                                   

    Jane E A Tames


15. Contact telephone name:                         

    0141 300 3074

                      This information is provided by RNS
            The company news service from the London Stock Exchange