Holding in Company

Shanks Group PLC 27 November 2000 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Shanks Group plc 2) Name of shareholder having a major interest Legal & General Investment Management Limited 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 On behalf of funds owned by Legal & General Investment Management Ltd 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them HSBC Global Custody Nominee (UK)Ltd A/C 775245 2,512,500 HSBC Global Custody Nominee (UK)Ltd A/C 360509 108,645 HSBC Global Custody Nominee (UK)Ltd A/C 866203 176,000 HSBC Global Custody Nominee (UK)Ltd A/C 357206 4,042,180 HSBC Global Custody Nominee (UK)Ltd A/C 130007 350,000 HSBC Global Custody Nominee (UK)Ltd A/C 363605 103,000 TOTAL 7,292,325 3.13% 5) Number of shares/amount of stock acquired 350,000 6) Percentage of issued class 0.15% 7) Number of shares/amount of stock disposed N/A 8) Percentage of issued class N/A 9) Class of security Ordinary 10p Shares 10) Date of transaction 23 November 2000 11) Date company informed 27 November 2000 12) Total holding following this notification 7,292,325 13) Total percentage holding of issued class following this notification 3.13% 14) Any additional information 15) Name of contact and telephone number for queries P Kaye 01628 524523 16) Name and signature of authorised company official responsible for making this notification P Kaye Date of notification 27 November 2000

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