Holding(s) in Company

Michael Page International PLC
4 February 2004




                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     MICHAEL PAGE INTERNATIONAL PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     COLLEGE RETIREMENT EQUITIES FUND AND 
     AFFILIATED ENTITIES

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

      FUNDS UNDER MANAGEMENT

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     SEE BELOW

5)   Number of shares/amount of stock acquired.

     137,325 (30/01/04)

6)   Percentage of issued Class
     0.04%

7)   Number of shares/amount of stock disposed
      153,600 (30/01/04)

8)   Percentage of issued Class
      0.04%

9)   Class of security

     ORDINARY SHARES

10)  Date of transaction

     30/1/04

11)  Date company informed

     3/2/04

12)  Total holding following this notification

     14,536,294
               
13)  Total percentage holding of issued class following this notification

      4.00%

14)  Any additional information

     THIS NOTIFICATION CONSISTS OF  
     TWO SEPARATE TRANSACTIONS

15)  Name of contact and telephone number for queries

      JEREMY TAHHAM
     [phone]

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification .....3/2/2004...................


Re:    U.K. Companies Act Of 1985 Disclosure Notice 


Pursuant to Part VI of the U.K. Companies Act of 1985, the College Retirement
Equities Fund (CREF) hereby informs you that on January 30,2004, CREF purchased
137,325 shares and sold 153,600 shares of Michael Page International, bringing
its total holdings in your company to 12,341,612 shares. CREF owns these shares
through two of our investment accounts the CREF Global Equities Account and the
CREF Stock Account. It is our understanding the total shares outstanding of
Michael Page International are 363,662,799, bring our ownership in your company
to a 3.4% level.


For your information, CREF is a U.S. based S.E.C. Registered Investment Company,
which is used as a funding vehicle for retirement monies for higher education.
CREF currently has multiple investment accounts, each with separate investment
objectives and policies. All assets in the accounts are beneficially owned by
CREF, and all the accounts are managed by TIAA-CREF Investment Management,
Inc., an S.E.C. Registered Investment Advisor.


Additionally, TIAA-CREF Mutual Funds' International Equity Fund, Institutional
International Equity Fund, and Life International Equity Fund, which are managed
by an investment advisor which is affiliated with the investment advisor who
manages the CREF accounts, owns 2,194,682 shares of your company. These
holdings, aggregated with those of CREF, total 14,536,294, or 3.997% of the
outstanding shares of your company.

This notice should satisfy our disclosure requirements under the U.K. Act.




                      This information is provided by RNS
            The company news service from the London Stock Exchange