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Brambles Industries (BI.)

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Thursday 19 December, 2002

Brambles Industries

Holding(s) in Company

Brambles Industries PLC
19 December 2002



1)   Name of company

     Brambles Industries plc

2)   Name of shareholder having a major interest

     Franklin Resources, Inc. and its affiliates

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

     On behalf of clients of Franklin Resources, Inc. and its affiliates.

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

     See list appended

5)   Number of shares/amount of stock acquired

     Not advised

6)   Percentage of issued class

     Not advised

7)   Number of shares/amount of stock disposed


8)   Percentage of issued class


9)   Class of security

     Ordinary shares of 5p each

10)  Date of transaction

     Not advised

11)  Date company informed

     18 December 2002

12)  Total holding following this notification


13)  Total percentage holding of issued class following this notification


14)  Any additional information

15)  Name of contact and telephone number for queries

     Sandra Walters  - 020 7659 6039

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

     Sandra Walters, Assistant Company Secretary

     Date of notification 19 December 2002

Details of Registered Holders

Bank of New York, London                                   170,500       0.0236%
Chase Nominees Ltd                                      26,751,824       3.6963%
Citibank Nominees Ltd.                                     202,000       0.0279%
Clydesdale Bank PLC, Glasgow                             1,202,807       0.1662%
Deutsche Bank AG, London                                   708,000       0.0978%
Northern Trust Company                                     952,456       0.1316%
Royal Trust Corp of Canada, London                         570,659       0.0788%
State Street Nominees Limited                            2,716,818       0.3754%

     Total                                              33,275,064       4.5976%

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