Holding in Company

Inchcape PLC
11 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 10th December 2001, Inchcape plc's issued share 
capital was 77,472,674.

Letter from Inchcape plc


Amendment No. 13

NOTIFICATIONS UNDER SECTIONS 198 TO 202 -- UK 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 (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

SECURITY: Inchcape Plc Ord                              Amendment No 13


                      SHARES HELD   MANAGEMENT   NOMINEE/REGISTERED
                                     COMPANY     NAME

(Ordinary Shares)

                           10,400     FMRCO           HSBC
                        2,894,354      FISL      Chase Nominees Ltd
                           28,700      FPM          Mellon Bank
                          308,344      FIL       Chase Nominees Ltd
                          116,100      FIL       Bank of New York Europe
                          112,762      FIL    HSBC Client Holdings Nominees
                                                     (UK) Limited
                            7,000      FIL         Bankers Trust
                            1,175      FIL         JP MORGAN


                    
TOTAL ORDINARY SHARES:  3,478,835

CURRENT OWNERSHIP PERCENTAGE:  4.49%

SHARES IN ISSUE:      77,465,046

CHANGE IN HOLDINGS SINCE
 LAST FILING:           (903,771) ordinary shares