Holding in Company

Inchcape PLC
11 June 2001

Letter to Company Announcements Office
Dated 8th June 2001

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, 8 June, from Guinness
Peat Group plc.

Please note that as at close of business on 7 June, 2001, Inchcape Plc's issued
share capital was 81,240,407.

Letter from Inchcape plc
Melanie Pluck Senior Secretarial Assistant


Letter to Inchcape plc
Dated 8th June 2001

DISCLOSURE OF INTEREST IN SHARES PURSUANT TO S.198 TO 202 OF THE COMPANIES ACT
1985

Guinness Peat Group plc and its subsidiary companies ('the Group') hereby notify
Inchcape Plc ('Inchcape') that following on-market transactions the interest of
the Group in the capital of Inchcape has reduced to 7,282,870 Ordinary 150p
shares ('shares') representing 8.96% of the Shares currently in issue.

So far as the Group is aware, no person interested in the Shares is party to any
agreement or arrangement relating to the exercise, of any rights conferred by
holding the shares subject to this notification.

 
Letter from Guinness Peat Group plc