Holding(s) in Company

Marshalls PLC
02 December 2002


FOR IMMEDIATE RELEASE


                                 MARSHALLS PLC

                             Disclosure of Interest

The Company has today been notified pursuant to the Companies Act 1985 that,
following a recent purchase of shares, Legal & General Investment Management
Limited are to be regarded as having a material interest in 5,054,443 shares in
Marshalls plc, representing 3.02% of the issued share capital.

The shares held are registered as follows;

HSBC Global Custody Nominee (UK) Limited A/c 775245                729,517
HSBC Global Custody Nominee (UK) Limited A/c 357206              3,974,086
HSBC Global Custody Nominee (UK) Limited A/c 363605                 19,500
HSBC Global Custody Nominee (UK) Limited A/c 866203                195,800
HSBC Global Custody Nominee (UK) Limited A/c 360509                135,540


Enquiries:          Richard Monro, Marshalls plc - 01484 438900



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