Holding(s) in Company

Grafton Group PLC
31 July 2002


Grafton Group Plc


31 July 2002


Re: Holding in Company

A letter from Grafton Group Plc to the Irish Stock Exchange dated the 30 July
2002, received by the Irish Stock Exchange on the 30 July 2002.

Notification of Shareholding under Part IV of the Companies Act, 1985 (as
amended)

Grafton Group Plc ('the company') has been informed on 30 July 2002 by M&G
Investment Management Limited of Laurence Pountney Hill, London EC4R OHH that
Prudential Plc and certain of its subsidiary companies have a notifiabe interest
in 5,500,000 shares representing 3.11% of the issued share capital of the
company.  The registered holder of the shares is Clydesdale Bank (Head Office)
Nominees Limited MGG Account, 30 St. Vincent Place, Glasgow G1 2HL.


Colm O'Nuallain
Finance Director
Grafton Group Plc


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


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