Holding in Company

Weir Group PLC
14 May 2001



Letter to: Company Announcements Office

We confirm having received on Friday 11 May 2001 notification from Franklin
Resources Inc and its affiliates in terms of the Companies Act 1985 that the 
companies as set out in the schedule below have a notifiable interest in the
issued share capital of the company.

Letter from: Weir Group PLC

               
                      
                                  SCHEDULE

                               WEIR GROUP plc

                             Outstanding Shares              200,866,000

Registered Holder               No. of Shares                % of Class

Chase Nominees Ltd                4,642,078                  2.3108%

Bankers Trust Company               430,640                  0.2144%

Citibank Nominees Ltd.            1,019,400                  0.5075%

Bank of New York Nominees           223,000                  0.1110%

HSBC                                218,000                  0.1085%

Clydesdale Bank plc               3,581,500                  1.7829%

Northern Trust Company              649,590                  0.3234%

State Street Nominees Limited     1,116,400                  0.5557%

TOTAL                            11,880,608                  5.9141%