Holding(s) in Company

Marshalls PLC
03 November 2005


Disclosure of Interest

The Company was notified on 2 November 2005 pursuant to Section 198 of the
Companies Act 1985 by AXA Investment Managers Limited that AXA S.A. and its
Group companies are to be regarded as having a beneficial interest in
11,165,114 shares in Marshalls plc, representing 7.86% of the issued share
capital and a non-beneficial interest in 4,788,651 shares, representing 3.37%
of the issued share capital.

3 November 2005

Enquiries: Elizabeth Blease, Company Secretary, Marshalls plc, 01484 438900



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