Holding in Company

Inchcape PLC
5 December 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 4th December, Inchcape plc's issued share capital   
was 77,472,206. 

LETTER FROM INCHCAPE PLC 


LETTER TO INCHCAPE PLC - DATED DECEMBER 3, 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] 

LETTER FROM FIDELITY INVESTMENTS 


Amendment 12

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) 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 No.12

Security: Inchcape Plc Ord

                                        MANAGEMENT  
                           SHARES HELD   COMPANY      NOMINEE/REGISTERED NAME  
(Ordinary Shares)
                               10,400     FMRCO       HSBC
                            3,695,725     FISL        Chase Nominees Ltd
                               35,700     FPM         Mellon Bank 
                              397,244     FIL         Chase Nominees Ltd
                              147,100     FIL         Bank of New York Europe 
                               85,862     FIL         HSBC Client Holdings      
                                                      Nominee (UK) Limited
                                9,000     FIL         Bankers Trust 
                                1,575     FIL         JP Morgan 

Total Ordinary Shares       4,382,606 
      
Current ownership percentage:    5.66%
    
Shares in Issue:           77,465,046 
      
Change in holdings since  
 last filing:                (725,449) ordinary shares