Holding in Company

Ashtead Group PLC
30 November 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ASHTEAD GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

FIDELITY INTERNATIONAL LIMITED AND DIRECT AND INDIRECT SUBSIDIARIES

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

NON-BENEFICIAL

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

CLYDESDALE BANK (HEAD OFFICE) NOMINEES LIMITED

5)   Number of shares/amount of stock acquired.


6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

2,707,686

8)   ( 0.84% ) of issued Class

9)   Class of security

10p ORDINARY SHARES

10)  Date of transaction

NOT ADVISED

11)  Date company informed

30.11.00

12)  Total holding following this notification

9,613,808
               
13)  Total percentage holding of issued class following this notification

2.97%

14)  Any additional information



15)  Name of contact and telephone number for queries

ROBERT CLARK
01372 362300

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

     Date of Notification .....30 NOVEMBER 2000....