Holding(s) in Company

Shanks Group PLC 25 April 2008 TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of Shanks Group Plc Ord 10p existing shares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights Yes 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 Other (please specify):______________ 3. Full name of person(s) subject to notification Artemis Investment Management Ltd obligation: 4. Full name of shareholder(s) (if different from Artemis Income 3): BBC Pension Trust Institutional Equity Income L&G (Barclays) Income 1 L&G (Barclays) Income 2 City of London Cash P&O Pension City of London Pension MT Income First UK Bus SAUL BHS Pension Scheme BHS Senior Management HSBC UK Equity Income Hampstead Heath (COL) Charities Pool (COL) 5. Date of transaction (and date on which the 23rd April 2008 threshold is crossed or reached if different): 6. Date on which issuer notified: 24th April 2008 7. Threshold(s) that is/are crossed or reached: 4% 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 shares voting rights shares rights use ISIN code Direct Indirect Direct Indirect GB0007995243 11,005,364.00 11,005,364.00 10,337,324 10,337,324 4.38% 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 10,337,324 4.38% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: 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: 14 Contact name: Alistair Fleming 15. Contact telephone name: 0131 718 0411 Shanks Group Plc contact Philip Griffin-Smith 01628 554933 This information is provided by RNS The company news service from the London Stock Exchange

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