Holding in Company

Weir Group PLC
19 February 2001

Letter to Company Announcements Office

We confirm today having received notification from M & G Investment Management
Limited that following a recent review of all M & G fund registration details, a
number of changes have occurred to information previously disclosed.

We are advised that the changes detailed in the schedule below are merely
changes in registration details and are not changes to M & G's notification
interests in the voting shares of the company.

Letter from The Weir Group PLC

       Notifiable Position Report for WEIR GROUP ORD GBP 0.125 
                     as at 14 February 2001

Percentage holdings are calculated using an issued share capital of 200,860,877
ORD GBP 0.125 shares

                     Registered Holder            Holding       %
Prudential plc                                 12,613,902     6.27  Total       
                                                                    Notifiable
                                                                    Interest

                     PRUCLT HSBC GIS NOM(UK)
                        PAC AC                 12,613,902     

The Prudential Assurance                       12,613,902     6.27  Total
 Company Limited                                                    Notifiable
                                                                    Interest
                     PRUCLT HSBC GIS NOM(UK)
                        PAC AC                 12,613,902