Holding(s) in Company

Balfour Beatty PLC
06 December 2002

'Balfour Beatty plc ('the Company') today received notice from Standard Life
Investments Limited, on behalf of Standard Life Group ('Standard Life') that
Standard Life's material notifiable interest in the ordinary share capital of
the Company now comprises 20,845,492 ordinary shares, representing 5.02% of the
issued ordinary share capital of the Company.'




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