Holding(s) in Company

Whitbread PLC
16 January 2003


Letter to Whitbread Plc
Dated 10 January, 2003


Companies Act 1985 - Disclosure of Interest in shares

Consequent upon a sale in the market of 314,000 shares on the 09 January 2003,
we now hold the following number of shares which are not subject to a concert 
party and will be registered as follows:

Material Interest

HSBC Global Custody Nominee (UK) Ltd A/c 886603       1,827,692
HSBC Global Custody Nominee (UK) Ltd A/c 775245       1,401,382
HSBC Global Custody Nominee (UK) Ltd A/c 361602           9,000
HSBC Global Custody Nominee (UK) Ltd A/c 754612         367,007
HSBC Global Custody Nominee (UK) Ltd A/c 282605         318,946
HSBC Global Custody Nominee (UK) Ltd A/c 360509         293,835
HSBC Global Custody Nominee (UK) Ltd A/c 357206       7,002,510
HSBC Global Custody Nominee (UK) Ltd A/c 130007          76,700
HSBC Global Custody Nominee (UK) Ltd A/c 904332          25,600
HSBC Global Custody Nominee (UK) Ltd A/c 866203         407,500

                                                     11,745,672      3.96%

Please note that this percentage is based on our understanding that your
issued share capital is 295,885,061, which is the figure quoted by Exshare.



From: Legal & General Investment Management Limited



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