Holding in Company

Grafton Group PLC
09 June 2003

Grafton Group Plc

9 June 2003

Re: Holding in Company

A Letter from Grafton Group Plc dated 9 June 2003 to the Irish Stock Exchange,
received by the Irish Stock Exchange 9 June 2003.


                          Stock Exchange Notification



AVS Number:
                                                                  9th June 2003



                      Notification of Shareholding under
                Chapter 2 of Part IV of the Companies Act, 1990


Grafton Group plc ('the company') has been informed on 4th June 2003 by Bank of
Ireland Asset Management Limited of 26 Fitzwilliam Place, Dublin 2 that it had
an interest in 24,869,667 Grafton units representing 11.75 per cent of the
issued share capital of the company.

Of these shares 23,423,011 units are registered in the name of Bank of Ireland
Nominees Limited, 1,087,724 units are registered in the name of Nortrust
Nominees and 358,932 units are registered in the name of Citibank Nominees
Limited as registered owners only, on behalf of a range of clients who are each
the beneficial owner of a portion of the shareholding.


____________________________

Charles Rinn

Secretary


This announcement has been issued through the Companies Announcement Service of
                           the Irish Stock Exchange.

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