Holding(s) in Company

Shanks Group PLC
09 December 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

Shanks Group plc

2) Name of shareholder having a major interest

Artemis Investment Management 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 Artemis Investment Management Limited
and certain of its subsidiary companies

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

Artemis Income Fund

5) Number of shares/amount of stock      7,363,438

6) Percentage of issued class 3.15%

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 9 December 2004

12) Total holding following this notification 7,363,438

13) Total percentage holding of issued class following this notification 3.15%

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 9 December 2004



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