Holding(s) in Company

Impax Group PLC
21 February 2002


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)   Name of company

Impax Group plc

2)   Name of shareholder having a major interest

Swan Corporation 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

Shareholder named in 2

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



5)   Number of shares/amount of stock acquired



6)   Percentage of issued class



7)   Number of shares/amount of stock disposed

 1,272,856 Ordinary Shares

8)   Percentage of issued class

3.59%

9)   Class of security

Ordinary Shares

10)  Date of transaction

20 February 2002


11)  Date company informed

21 February 2002

12)  Total holding following this notification

(a) Pershing Keen Nominees Limited MSHL         1,000,000 Ordinary Shares

(b)Northern & Midland Nominees Limited NAWS018    840,000 Ordinary Shares

(c) BNY (OCS) Nominees Limited                  3,482,900 Ordinary Shares

Total                                           5,322,900 Ordinary shares

13)  Total percentage holding of issued class following this notification

Total 15.0%

14)  Any additional information



15)  Name of contact and telephone number for queries

M Haggard, Director  020 7434 1122

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

As in 15

     Date of notification: 21 February 2002



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