Holding(s) in Company

Ashtead Group plc

12 September 2011

                               ASHTEAD GROUP PLC                               

                             Holding(s) in Company                             

Ashtead Group plc announces it has today been advised that on 8 September 2011
Kames Capital were directly interested in a total 39,218,843 shares (or 7.79%
of its share capital), and indirectly interested in 5,831,072 shares (or 1.16%
of its share capital).

Enquiries:

Eric Watkins

Company Secretary

020 7726 9700