Holding(s) in Company

Ashtead Group PLC
02 February 2004



                                Ashtead Group plc
                                        
                             Ordinary Shares of 10p
                                        

The Company has been advised today by Aegon Asset Management UK that the total
interest of itself and its subsidiaries in the ordinary share capital of the
Company stands at 3.27% (10,640,075 shares).

The above stated holding is an increase of 1,203,125 shares on its previous
holding which was below the reportable level.







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