Holding(s) in Company

Babcock International Group PLC
23 December 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

SCHRODER INVESTMENT MANAGEMENT LIMITED

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 SCHEDULE BELOW

5)   Number of shares/amount of stock acquired.

54,278

6)   Percentage of issued Class

0.03%

7)   Number of shares/amount of stock disposed


8)   Percentage of issued Class


9)   Class of security

60P ORDINARY SHARES

10)  Date of transaction

23-12-2004

11)  Date company informed

23-12-2004

12)  Total holding following this notification

41,553,685
               
13)  Total percentage holding of issued class following this notification

20.01%

14)  Any additional information



15)  Name of contact and telephone number for queries

020 7291 5016

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

     Date of Notification ....    23-12-2004  ....................


Schroder Registration Schedule
10-Dec-04


Nominee/Registered Name                                              Shares Held
 
Bank of New York                                                       1,210,000
Banque Internationale a Luxembourg S                                     203,620 
British Coal Staff Superannuation a/c: P                               7,102,213 
Chase Nominees Ltd                                                     3,181,114
Mellon Nominees (UK) Ltd                                                 426,100 
Mineworkers' Pension Scheme a/c: R                                     6,877,549 
Nortrust Nominees Limited                                              2,055,000
State Street                                                             541,000 

                                                                      21,596,596


 
Schroder Unit Trusts Ltd (SUTL)                                       12,818,063
Schroder Nominees Ltd                                                    820,500
Schroder Investment North America Ltd                                  6,314,248
Schroder & Co Limited (S&CO LTD)                                            4278

                                                                      19,957,089

                                                                      41,553,685 


                      This information is provided by RNS
            The company news service from the London Stock Exchange