Holding(s) in Company

Billam PLC 24 June 2002 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Billam plc 2) Name of shareholder having a major interest Peter Hoskins 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 As in 2 above 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them As in 2 above 5) Number of shares/amount of stock acquired 1,000,000 6) Percentage of issued class 0.08% 7) Number of shares/amount of stock disposed - 8) Percentage of issued class - 9) Class of security Ordinary shares of 1p each 10) Date of transaction 750,000 - 21 June 2002 250,000 - 24 June 2002 11) Date company informed 21 June 2002 12) Total holding following this notification 81,579,158 13) Total percentage holding of issued class following this notification 6.87% 14) Any additional information - 15) Name of contact and telephone number for queries Angus Forrest - 020 7702 5544 16) Name and signature of authorised company official responsible for making this notification Date of notification 24 June 2002 This information is provided by RNS The company news service from the London Stock Exchange

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