Holding(s) in Company

Shanks Group PLC 23 April 2008 Schroder Plc 31 Gresham Street, London EC2V 7QA Telephone 020 7658 6000 Fax 020 7658 6965 www.schroders.com TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of Shanks Group Plc existing shares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights yes Other (please specify):______________ 3. Full name of person(s) subject to notification Schroders plc obligation: 4. Full name of shareholder(s) (if different from 3): 5. Date of transaction (and date on which the 21.04.08 threshold is crossed or reached if different): 6. Date on which issuer notified: 22.04.08 7. Threshold(s) that is/are crossed or reached: 14% - 13% 8: Notified Details A: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transaction shares triggering transaction Number of Number of Number of Number of voting rights Percentage of voting If possible use shares voting shares rights ISIN code rights Direct Indirect Direct Indirect Ordinary 33,926,063 33,926,063 33,926,063 N/A 30,983,387 N/A 13.08% GB0007995243 B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ conversion No. of voting rights Percentage of voting instrument period/date that may be acquired rights (if the instrument exercised/converted) Total (A+B) Number of voting rights Percentage of voting rights 30,983,387 13.08% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: Schroder Investment Management Limited 30,983,387 13.08% Proxy Voting: 10. Name of proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. 14 Contact name: Andrea Rowe 15. Contact telephone name: 020 7658 2521 Shanks Group plc contact Phil Griffin-Smith 01628 554920 This information is provided by RNS The company news service from the London Stock Exchange

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