Holding in Company

Inchcape PLC
2 October 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 submit a copy of notification received from Fidelity Investments.

As at close of business on 1st October 2001, Inchcape plc's issued share capital
was 77,452,796.

FROM INCHCAPE PLC


Amendment £10

      NOTIFICATIONS UNDER SECTIONS 198 TO 202 - - U.K.COMPANIES ACT

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

2. Notifiable Interest:                  Ordinary Shares

   (A)   FMR Corp.
         82 Devonshire Street
         Boston, MA 02109

   Parent holding company of Fidelity Management & Research Company (FMRCO),    
   investment manager for US mutual funds. (See Schedule A for listing of       
   Registered Shareholders and their holdings).

   (B)   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), 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

   A principal shareholder of FMR Corp. and 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 FMR Corp and its 
direct and indirect subsidiaries, 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                                                  Amendment £10

Security: Inchcape Plc Ord
                                      MANAGEMENT 
                         SHARES HELD  COMPANY     NOMINEE/REGISTERED NAME
(Ordinary Shares)
                           
                             10,400   FMRCO       HSBC 
                          5,290,654   FISL        Clydesdale Bank (Head Office) 
                                                  Nominees Limited
                            583,969   FIL         Clydesdale Bank (Head Office) 
                                                  Nominees Limited 
                            148,000   FIL         Bank of New York Europe 
                             78,182   FIL         HSBC Client Holdings Nominee  
                                                  (UK) Limited 
                             25,000   FIL         Chase Nominees Ltd 
                              9,000   FIL         Bankers Trust

Total Ordinary Shares:    6,145,205

Current ownership 
 percentage:                   7.93% 

Shares in issue;         77,451,250 

Change in holdings since 
 last filing;              (829,938) ordinary shares