Holding(s) in Company

Babcock International Group PLC
2 July 2004


                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     BABCOCK INTERNATIONAL GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     SCHRODERS

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

      

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

      SEE BELOW

5)   Number of shares/amount of stock acquired.

      401,601

6)   Percentage of issued Class
      .2%

7)   Number of shares/amount of stock disposed


8)   Percentage of issued Class


9)   Class of security

      60P ORDINARY SHARES

10)  Date of transaction

      DATE UNKNOWN

11)  Date company informed

      1 JULY 2004

12)  Total holding following this notification

      25,834,858
               
13)  Total percentage holding of issued class following this notification

      12.66%

14)  Any additional information



15)  Name of contact and telephone number for queries

     S. BILLIARD
     0207 291 5016


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

     Date of Notification ......2 JULY 2004..................



                              60P ORDINARY SHARES

                                  SCHEDULE

REGISTRATION                                        AMOUNT

Chase Manhattan Bank                                 985,740
Chase Nominees Limited                             1,450,000
Banque Internationale a Luxembourg S                 203,620
British Coal Staff Superannuation a/c:P            4,372,330
Nortrust Nominees Limited                          1,455,000
Mineworkers' Pension Scheme a/c:R                  4,350,000

                                                  12,816,690

Schroder Unit Trusts Limited (SUTL)                7,370,768
Schroder Nominees Limited                            400,000
Schroder Investment Management
   North America Limited                           5,247,400

                          TOTAL                   25,834,858   




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