Ordinary Shares of 10p

Ashtead Group PLC
23 August 2004


                               ASHTEAD GROUP PLC

                             Ordinary Shares of 10p


Ashtead Group plc announces that it has today been advised by Scottish Widows
Investment Management Limited, known as Scottish Widows Investment Partnership
Limited, that it no longer has a notifiable interest in the ordinary shares of
the Company.







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