Holding(s) in Company

IMI PLC
27 February 2004




                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     IMI PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     LEGAL & GENERAL INVESTMENT MANAGEMENT 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

      MATERIAL INTEREST

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

      SEE BELOW

5)   Number of shares/amount of stock acquired.



6)   Percentage of issued Class


7)   Number of shares/amount of stock disposed


8)   Percentage of issued Class


9)   Class of security

     ORDINARY SHARES

10)  Date of transaction



11)  Date company informed

     26.2.04

12)  Total holding following this notification

      14,551,479
               
13)  Total percentage holding of issued class following this notification

       4.12%

14)  Any additional information

     NOTIFICATION OF A MOVEMENT THROUGH A
     PERCENTAGE POINT 

15)  Name of contact and telephone number for queries

     MR P A BOULTON
     0121 717 3783

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ...27/02/04.......

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 914945     130,291
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 923363     180,309
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 886603   2,510,000
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 775245   1,519,628
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 357206   8,798,689
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 866203     495,500
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 916681      18,400
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 754612     450,000
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 360509     436,942
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 824434      11,720



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