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Pinewood-Shepperton (PWS)

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Friday 14 May, 2004

Pinewood-Shepperton

Holding(s) in Company

Pinewood-Shepperton PLC
14 May 2004

The company has received the following announcement:


                                                      Deutsche Bank AG London
                                                      23 Great Winchester Street
                                                      London EC2P 2AX



13 May 2004

The Company Secretary
Pinewood Shepperton Plc
Pinewood Road
Iver
Buckinghamshire
SL0 0NH

Dear Sir,

Disclosure of interests in shares

In accordance with Section 198-202 of the UK Companies Act 1985, we are writing
on behalf of Deutsche Bank AG to inform you that on the basis that the relevant
issued share capital of your company is 45,813,000 ordinary shares, Deutsche
Bank AG, and its subsidiary companies have a notifable interest in 1,730,125
ordinary shares of Pinewood Shepperton Plc, amounting to 3.78%.  Part of this
holding may relate to hedging arrangements for customer transactions.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany.

If you require any further information concerning this notification, please
contact Cheryl Slater or David Lindsay in the Compliance Department of Deutsche
Bank London.


Yours faithfully


For Deutsche Bank AG London
Authorised Signatory



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