Holding(s) in Company

Shanks Group PLC
09 December 2002


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

     Shanks Group plc


2) Name of shareholder having a major interest


     Scottish Widows Investment Partnership Ltd.


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 Lloyds TSB Group plc, Lloyds TSB Bank plc and Scottish Widows

Group Ltd which are all companies within the Lloyds TSB Group of Companies


        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 XBY2                    2,220,348

        State Street Nominees Ltd A/C W32L                     542,820

        State Street Nominees Ltd A/C W33H                    1,455,166

        State Street Nominees Ltd A/C XBJ2                    1,706,471

        State Street Nominees Ltd A/C W318                     27,521

        State Street Nominees Ltd A/C XBY4                    1,147,863

        State Street Nominees Ltd A/C XBK6                    1,095,629

        State Street Nominees Ltd A/C W39N                     558,980

        State Street Nominees Ltd A/C W39F                    5,031,228



        TOTAL                                         13,786,026 5.89%


5) Number of shares/amount of stock      HELD

6) Percentage of issued class 5.89%

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 5 December 2002

11) Date company informed 9 December 2002

12) Total holding following this notification 13,786,026


13) Total percentage holding of issued class following this notification 5.89%

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 9 December 2002


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