Holding(s) in Company

SMG PLC
25 July 2006



SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)   Name of Company

     SMG plc

2)   Name of shareholder having a major interest

     Fidelity International

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 Gestion (FIGEST)

     BNP Paribas, Paris             1,290,800

     Fidelity Investments International (FII)

     JP Morgan, Bournemouth         1,854,978

     Fidelity International Ltd (FIL)

     Brown Bros Harrimn Ltd Lux     6,240,600
     JP Morgan, Bournemouth           591,300

     Fidelity Investment Services Ltd (FISL)

     JP Morgan, Bournemouth        31,713,855

     Fidelity Pension Management (FPM)

     HSBC Bank Plc                    550,100
     Northern Trust London          1,372,164
     JP Morgan, Bournemouth         1,732,918
     State Str Bk and Tr Co Ldnd    2,383,100

5)   Number of shares/amount of stock acquired

     539,998

6)   Percentage of issued class

     0.17%

7)   Number of shares/amount of stock disposed

     N/A

8)   Percentage of issued class

     N/A

9)   Class of security

     Ordinary Shares of 2.5p

10)  Date of transaction

     20 July 2006

11)  Date company informed

     24 July 2006

12)  Total holding following this notification

     47,729,815

13)  Total percentage holding of issued class following this notification

     15.12%

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 and efficiency. 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

     Sara Clarke
     Tel No: 0141 300 3074

16)  Name and signature of authorised company official responsible for making
     this notification

     Sara Clarke, Company Secretary
     25 July 2006


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