Holding(s) in Company

Marshalls PLC
24 March 2003



FOR IMMEDIATE RELEASE
                                 MARSHALLS PLC

                             Disclosure of Interest


The Company has today been notified pursuant to Section 198 of the Companies Act
1985 by Threadneedle Asset Management Limited that Zurich Financial Services and
its Group are to be regarded as having a material interest in 6,689,330 shares
in Marshalls plc, representing 4.0% of the issued share capital.



The shares held are registered as follows;


BNY (OCS) Nominees Limited A/c 219078                                     10,304
BNY (OCS) Nominees Limited A/c 219059                                    300,000
BNY (OCS) Nominees Limited A/c 219081                                     16,337
BNY (OCS) Nominees Limited A/c 219077                                     17,424
BNY (OCS) Nominees Limited A/c 219064                                    612,087
BNY (OCS) Nominees Limited A/c 219061                                     78,158
Littledown Nominees Limited A/c 05577                                    209,544
Littledown Nominees Limited A/c 21667                                    360,951
Littledown Nominees Limited A/c 07203                                    638,816
Littledown Nominees Limited A/c 07201                                    355,992
Littledown Nominees Limited A/c 07197                                    752,298
Littledown Nominees Limited A/c 05576                                  3,337,419
            Total                                                      6,689,330





Enquiries:    Richard Monro, Marshalls plc    01484 438941






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