Holding(s) in Company

Shanks Group PLC 02 October 2002 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 1. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Chase Nominees Limited A/C FMRCO 889,600 State Street Nominees Limited A/C FMRCO 237,600 Chase Nominees Limited A/C FISL 6,617,487 RBS Trust Bank A/C FPM 1,086,501 Nortrust Nominees Limited A/C FPM 273,800 BT Globnet Nominees Ltd A/C FPM 88,300 Citibank A/C FPM 166,100 Bank of New York Europe A/C FPM 447,037 Bank of New York London A/C FPM 186,954 Nortrust Nominees Limited FIL 240,900 RBS Trust Bank A/C FIL 997,600 Chase Nominees Limited A/C FIL 110,200 Bankers Trust A/C FIL 169,900 Citibank A/C FIL 133,490 Bank of New York Europe A/C FIL 130,600 Northern Trust A/C FIL 924,100 Bank of New York London A/C FIL 1,282,900 TOTAL 13,983,069 5.97% 5) Number of shares/amount of stock held 13,983,069 6) Percentage of issued class 5.97% 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 October 2002 12) Total holding following this notification 13,983,069 13) Total percentage holding of issued class following this notification 5.97% 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 2 October 2002 This information is provided by RNS The company news service from the London Stock Exchange

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