Holding(s) in Company

Hargreaves Services PLC
23 December 2005

HARGREAVES SERVICES PLC (the 'Company')

23 DECEMBER 2005

NOTIFICATION OF MAJOR INTEREST IN SHARES



The Company received notification on 22 December 2005 of the following major
interest in shares.


1. Name of Company:
Hargreaves Services plc

2. Name of shareholder having a major interest:
GAM London Limited

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
Persons 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:

GAM Star UK Dynamic Equity Investments                 606,474

GAM UK Equity Hedge Investments Inc.                   975,000

5. Number of shares/amount of stock acquired:
N/a

6. Percentage of issued class:
N/a

7. Number of shares/amount of stock disposed:
N/a

8. Percentage of issued class:
N/a

9. Class of security:
Ordinary shares of 10p each

10. Date of transaction:
N/a

11. Date company informed:
22 December 2005

12. Total holding following this notification:
1,581,474

13. Total percentage holding of issued class following this notification:
6.68%

14. Any additional information:
N/a

15. Name of contact and telephone number for queries:
Steve MacQuarrie on 0191 373 4485

16. Name of company official responsible for making this notification:
Peter Dillon, Group Financial Director

Date of notification:
23/12/05


ENDS




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