Holding in Company

Inchcape PLC
23 March 2001

Letter to Company Announcements Office.

Section 198 Companies Act 1985

By way of notification pursuant to paragraph 9.11, Chapter 9 of The Listing
Rules, we enclose a copy of notification received today, 23 March, from Fidelity
International Limited.

Please note that as at close of business on 22 March, 2001, Inchcape plc's
issued share capital was 88,351,480.

Letter from Inchcape plc.

Amendment £4

NOTIFICATIONS UNDER SECTIONS 198 TO 202 -- UK COMPANIES ACT

1. Company in which shares are held:    Inchcape Plc Ord

2. Notifiable Interest:       Ordinary Shares

    
           Fidelity International Limited (FIL)
           P.O. BOX HM 670
           Hamilton HMCX, Bermuda

           Parent holding company for various direct and indirect subsidiaries,
           including Fidelity Investment Services Ltd (FISL), and Fidelity      
           Pension Management (FPM), investment managers for various non-US     
           investment companies and institutional clients. (See Schedule A for  
           listing of Registered Shareholders and their holdings).

3.     The notifiable interests also comprise the notifiable interest of

           Mr Edward C Johnson 3d
           82 Devonshire Street
           Boston, MA 02109

           Principal shareholder of Fidelity International Limited.

4.     The notifiable interests include interest held on behalf of authorized
       unit trust schemes in the U.K. notwithstanding the exemption from 
       reporting pursuant to Section 209 (1) (h) of the Companies Act 1985.

5.     These notifications of disclosable interests constitute separate
       notifications of interest in the shares and are combined solely for 
       the purposes of clarity. Nothing herein should be taken to indicate 
       that Fidelity International Limited and its direct and indirect          
       subsidiaries, or Mr Edward C Johnson 3d act as a group or in concert in  
       respect of the disclosed interests, or that they are required to submit  
       these notifications on a joint basis.

6.     The disclosable interests arise under section 208(4) (b) of the Act,
       namely where a person, not being the registered holder, is entitled
       to exercise a right conferred by the holding of the shares or to 
       control the exercise of such rights, or under section 203 of the Act
       respectively.

SCHEDULE A

SECURITY: Inchcape Plc Ord                                  Amendment No 4


                      SHARES HELD   MANAGEMENT   NOMINEE/REGISTERED
                                     COMPANY     NAME
(Ordinary Shares)
                       6,694,654       FISL      Clydesdale Bank (Head Office)  
                                                 Nominees Limited
                         573,909        FIL      Clydesdale Bank (Head Office)  
                                                 Nominees Limited


TOTAL ORDINARY SHARES:           7,268,563

CURRENT OWNERSHIP PERCENTAGE:         8.23%

SHARES IN ISSUE:                88,351,428

CHANGE IN HOLDINGS SINCE
 LAST FILING:                   +1,955,159 ordinary shares