Holding in Company

Inchcape PLC
22 November 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 21st November, Inchcape plc's issued share capital 
was 77,475,206.

FROM INCHCAPE PLC


LETTER TO INCHCAPE PLC - DATED NOVEMBER 20, 2001
  
Below are amended notifications of disposable interests under the UK Companies 
Act 1985. Please note that while this information details the disclosable 
interests of more than one entity, the enclosed disclosure constitutes separate 
notifications of interest which have been combined solely for purposes of 
clarity and efficiency. It is not intended to indicate that any of these 
entities act as a group or in concert with respect to these interests.

These disclosures are made in the interest of conformity with the Companies Act.
The interest detailed herein was acquired solely for investment purposes. For 
disclosure purposes, holdings should be represented as FMR Corp. and its direct 
and indirect subsidiaries, and Fidelity International Limited (FIL) and its 
direct and indirect subsidiaries, both being non-beneficial holders.

Contact:
Julie Finocchio
Tel: [phone]
Fax: [phone]

FROM FIDELITY INVESTMENTS

Amendment 11 

     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.
           53 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) 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

     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 (l)(h) of the Companies Act 1985.

5. These notifications of disposable 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 disposable 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 £ 11

Security: Inchcape Plc Ord

                                        MANAGEMENT 
                           SHARES HELD   COMPANY      NOMINEE/REGISTERED NAME
(Ordinary Shares)
                               10,400     FMRCO       HSBC
                            4,348,454     FISL        Chase Nominees Ltd
                               35,700     FPM         Mellon Bank
                              476,744     FIL         Chase Nominees Ltd
                              147,100     FIL         Bank of New York Europe
                               79,082     FIL         HSBC Client Holdings      
                                                      Nominee (UK) Limited
                                9,000     FIL         Bankers Trust
                                1,575     FIL         JP Morgan

Total Ordinary Shares       5,108,055
     
Current ownership percentage:    6.59%
    
Shares in Issue:           77,465,046
     
Change in holdings since 
 last filing:              (1,037,150) ordinary shares