Holding(s) in Company

IMI PLC
02 February 2007

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES




1.         Name of company

           IMI plc


2.         Name of shareholder ceasing to have a major interest


            BT Pension Scheme Trustees Limited as Trustee of the BT Pension
Scheme and Hermes Pensions Management Limited



3.         Please state whether notification indicates that it is in
respect of holding of the shareholder names 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.


NA



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



BT Pension Scheme Trustees Limited - 10,821,256



3.       Number of shares/amount of stock acquired.



-



6.       Percentage of issued class.



            -



7.       Number of shares/amount of stock disposed.



         1,208,222



8.       Percentage of issued class.



-



9.       Class of security.



Ordinary Shares



10.      Date of Transaction:



1 February 2007



11.      Date company informed:



2 February 2007



12.      Total holding following this notification:



9,613,034



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



2.853%



14.     Any Additional information:


NA





15.     Name of contact and telephone number for queries:



J C Bower - 0121 717 3700



16:       Name and signature of authorised company official making this
notification.



            J C Bower



Date of Notification:

2 February 2007





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