Holding(s) in Company

Shanks Group PLC
15 April 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

     Shanks Group plc


2) Name of shareholder having a major interest


     Zurich Financial Services Group, ceased to have a notifiable interest


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

     In respect of beneficial holding by Zurich Financial Services Group

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



        N/A


5) Number of shares/amount of stock      N/A



6) Percentage of issued class Below 3.0%



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 N/A



11) Date company informed 15 April 2003



12) Total holding following this notification N/A




13) Total percentage holding of issued class following this notification Below
3.0%



14) Any additional information
This notification updates an old transaction where Zurich Financial Services
Group ceased to have a notifiable interest during February 2001 but the original
notification was missed at the time.


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 15 April 2003




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