Holding(s) in Company

Grafton Group PLC
06 January 2003

Grafton Group plc



6 January 2003



Re: Holding in Company





A letter from Grafton Group plc dated 6thJanuary 2003 to the Irish Stock
Exchange, received by the Irish Stock Exchange on the 6th January 2003





                          Stock Exchange Notification



                                6 January 2003




                       Notification of Shareholding under

                Chapter 2 of Part 12 of the Companies Act, 1990







Grafton Group plc ('the company') has been informed on 23 December 2002 by M&G
Investment Management Limited of Laurence Pountney Hill, London EC4R OHH that
Prudential plc and all of its subsidiary companies no longer have a notifiable
interest in the share capital of the company.




Charles Rinn

Secretary




This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.




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