Holding(s) in Company

Balfour Beatty PLC
29 August 2002



Balfour Beatty plc ('the Company') today received notice from Clerical Medical
Investment Management Limited, on behalf of HBOS plc ('HBOS') that HBOS now have
a material notifiable interest in the ordinary share capital of the Company
comprising 17,208,681 50p Ordinary Shares, representing 4.15% of the issued
ordinary share capital of the Company.








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