Holding(s) in Company

Macfarlane Group PLC
29 July 2005     


29 July 2005

Macfarlane Group Plc ('Company')

Holding in Company

The Company was notified on 28 July 2005 in accordance with the Companies Act
that, following a transfer of funds under management, Deutsche Bank AG's holding
has fallen below the notifiable threshold of 10 per cent.

The Company has been advised that the current holding of Deutsche Bank AG stands
at 9.98 per cent.

Ends



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