Holding(s) in Company

Leo Capital Plc
19 October 2006



Letter to: Leo Capital Plc
Dated:     18 October 2006



10p ORDINARY SHARES ('SHARES')


We currently hold 29,331,105 shares which are held in portfolios managed by us
on a discretionary basis for clients under investment management agreements.


Included in this figure are:

(i)     557,700 shares registered or to be registered in the name of our wholly-
        owned subsidiary nominee company, Schroder Nominees Limited (Schroder 
        Nominees):

(ii)    7,534,243 shares held in unit trusts operated and managed by an
        affiliated company. Schroder Unit Trusts Limited (SUTL), and registered 
        or to be registered in the name of Chase Nominees Limited:

(iii)   21,239,162 shares neither registered nor to be registered in the name of
        Schroder Nominees. The registration details are shown on the enclosed 
        Schedule A.


A subsidiary Schroder Investment Management North America Ltd (SIMNA Ltd), is
managing a portfolios on a similar basis holding a further 3,500,000 shares.
These shares are registered or to be registered in the name of Chase Nominees
Limited.

An affiliated company, Schroder & Co Limited (S&Co Ltd), is managing on a
discretionary basis portfolio holding a further 112,402 shares. These shares are
registered or to be registered in the name of Brown Brothers Harriman.

We believe that we our subsidiary and affiliated companies are therefore
interested in an overall aggregate of 32,943,507 shares, representing some
11.501% of the total number of shares in issue, namely 286,429,228.


This notification is made to you:


(a)     in respect of our interest as investment managers;

(b)     on behalf of SIMNA Ltd, S&Co Ltd, SIMHK Ltd and SUTL in relation to the 
        interests they are treated as having respectively under the Companies 
        Act 1985 (the Act); and

(c)     on behalf of Schroders plc, our holding company, which is treated as 
        having an interest in all of the above shares under the Act by virtue 
        of its ownership of SIMNA Ltd, S&Co. SUTL and ourselves.


We shall be grateful if you will kindly confirm the total number of shares 
currently in issue. 



From: Schroder Investment Management Limited




                          10p ORDINARY SHARES 

                              SCHEDULE A



REGISTRATION                                                    AMOUNT

British Coal Staff Superannuation a/c: P                     6,446,509
Chase Nominees Ltd                                             321,386
HSBC Global Custody Nominees (UK) Ltd a/c 809955               290,094
Mineworkers' Pension Scheme a/c: R                           7,148,273
Nortrust Nominees Limited a/c: SRC13                            77,900
Nortrust Norninees Ltd                                       5,300,000
State Street Nominees Ltd                                      255,000
The Northern Trust Company                                   1,400,000

TOTAL                                                       21,239,162




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