Holding in Company

Shanks Group PLC
1 March 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

Shanks Group plc


2) Name of shareholder having a major interest


FMR Corp. and Fidelity International 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

Non-beneficial


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

            State Street Nominees Ltd A/C FMTC  95,000

            Clydedale Bank (Head Office) Nominees Ltd A/C FISL 3,125,026

            Chase Nominees Ltd A/C FPM 1,962,400

            Gracechurch Nominees A/C FPM  74,400

            RBS Trust Bank A/C FPM  634,750

            Nortrust Nominees Ltd A/C FPM  107,700

            Bankers Trust A/C FPM 1,309,000

            MSS Nominees Ltd A/C FPm 134,500

            BT Globnet Nominees Ltd A/C FPM 60,600

            Citibank A/C FPM  108,200

            Nortrust Nominees Ltd A/C FIL  719,000

            RBS Trust Bank A/C FIL 1,335,300

            BT Globnet Nominees Ltd A/C FIL  251,000

            Chase Nominees Ltd A/C FIL   1,024,300

            Bankers Trust A/C FIL 107,800

            Citybank A/C FIL  83,900

            Bank of New York Europe     A/C FIL  87,700

            Clydedale Bank (Head Office) Nominees Ltd A/C FIL  3,480
 
            Northern Trust A/C FIL  282,500

            TOTAL          11,506,556 4.94%


5) Number of shares/amount of stock held 11,506,556



6) Percentage of issued class 4.94%



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 Not given



11) Date company informed 1 March 2001



12) Total holding following this notification 11,506,556



13) Total percentage holding of issued class following this notification 4.94%



14) Any additional information


        On behalf of various direct and indirect subsidiaries of FMR Corp. and
        Fidelity International Ltd and notifiable interests also comprise
        notifiable interest of Mr C Johnson 3rd, principal shareholder of FMR
        Corp. and Fidelity International Ltd.


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 1 March 2001