Holding(s) in Company

Shanks Group PLC
01 October 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

 Shanks Group plc

2) Name of shareholder having a major interest

 GAM LONDON 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

 In respect of beneficial holding by GAM London Limited

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

        SJPI GAM Sterling Managed Fund                  1,005,000
        SJPI GAM US Dollar Managed Fund                   135,000
        GAM International Growth Fund                   1,111,000
        GAM UK Diversified Fund                         2,502,000
        GAM Exempt Trust - UK Opportunities               398,000
        SJP GAM Managed - Life                          1,104,000
        SJP GAM Managed - Pension                         680,000
        St. James's Place Recovery Unit Trust             661,000

        TOTAL                                           7,596,000    3.24%

5) Number of shares/amount of stock  HELD


6) Percentage of issued class 3.24%


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 30 September 2004


12) Total holding following this notification 7,596,000



13) Total percentage holding of issued class following this notification 3.24%


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 1 October 2004






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