Holding(s) in Company

Shanks Group PLC
17 May 2007


TR-1:         NOTIFICATION OF MAJOR INTERESTS IN SHARES 


1. Identity of the issuer or the underlying issuer of existing             Shanks Group Plc
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 the notification               Legal & General Group Plc (L&G)
obligation:

4. Full name of shareholder(s) (if different from 3.):            Legal & General Assurance (Pensions
                                                                       Management) Limited (PMC)

                                                                   Legal & General Assurance Society
                                                                         Limited (LGAS & LGPL)
5. Date of the transaction (and date on which the threshold is                 15/05/07
crossed or reached if different):

6. Date on which issuer notified:                                              16/05/07

7. Threshold(s) that is/are crossed or reached:                           From 9% -10% (L&G)


8. Notified details:


A: Voting rights attached to shares
Class/type of  Situation previous to   Resulting situation after the triggering transaction
shares         the Triggering
               transaction
 if possible   Number of   Number of   Number of    Number of voting rights   % of voting rights
using the ISIN Shares      Voting      shares
CODE                       Rights      Direct       Direct       Indirect     Direct       Indirect
Ord 10p        21,565,297  21,565,297  23,552,216   23,552,216                10.02


B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument                           Period/ Date              that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.



Total (A+B)
Number of voting rights                            % of voting rights
             23,552,216                                        10.02



9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable:

Legal & General Group Plc (Direct and Indirect) (Group) (30,166,202 -
12.84% = Total Position)


Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct
and Indirect)  (30,166,202 - 12.84% = Total Position)


Legal & General Investment Management Limited (Indirect) (LGIM) (30,166,202
- 12.84% = Total Position)


                   Legal & General Group Plc (Direct) (L&G) (23,552,216 - 10.02% = LGAS, LGPL & PMC)


Legal & General Investment Management (Holdings) Limited       Legal & General Insurance Holdings Limited (Direct)
(Direct) (LGIMHD) (8,599,701 - 3.66 % = PMC)                   (LGIH) (14,952,515 - 6.36% = LGAS & LGPL)


Legal & General Assurance (Pensions Management) Limited  (PMC) Legal & General Assurance Society Limited  (LGAS & LGPL)
(8,599,701 - 3.66 % = PMC)                                     (14,952,515 - 6.36% = LGAS & LGPL)


                                                               Legal & General Pensions Limited (Direct)  (LGPL)


Proxy Voting:

10. Name of the proxy holder:                                                       N/A

11. Number of voting rights proxy holder will cease to hold:                        N/A

12. Date on which proxy holder will cease to hold voting rights:                    N/A


13. Additional information:               Notification using the total voting rights figure of
                                                                       234,930,581

14. Contact name:                                                   Helen Lewis (LGIM)

15. Contact telephone number:                                         020 7528 6742

Annex Notification Of Major Interests In Shares xvi

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)

Contact address (registered office for legal entities)

Phone number

Other useful information (at least legal representative
for legal persons)



B:        Identity of the notifier, if applicable xvii

Full name                                                       Carolyn Gibson

Contact address                                                 Shanks Group plc

Phone number                                                    01628 554920

Other useful information (e.g. functional relationship
with the person or legal entity subject to the
notification obligation)



C:        Additional information




(1)               This form is to be sent to the issuer or underlying issuer and
to be filed with the competent authority.

(1)               Either the full name of the legal entity or another method for
identifying the issuer or underlying issuer, provided it is reliable and
accurate.

(1)               This should be the full name of (a) the shareholder; (b) the
person acquiring, disposing of or exercising voting rights in the cases provided
for in DTR5.2.1 (b) to (h);  (c) all the parties to the agreement referred to in
DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments
entitled to acquire shares already issued to which voting rights are attached,
as appropriate.

In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the
following list is provided as indication of the persons who should be mentioned:

-               in the circumstances foreseen in  DTR5.2.1 (b), the person that
acquires the voting rights and is entitled to exercise them under the agreement
and the natural person or legal entity who is transferring temporarily for
consideration the voting rights;

-               in the circumstances foreseen in DTR 5.2.1 (c), the person
holding the collateral, provided the person or entity controls the voting rights
and declares its intention of exercising them, and person lodging the collateral
under these conditions;

-               in the circumstances foreseen in DTR5.2.1(d), the person who has
a life interest in shares if that person is entitled to exercise the voting
rights attached to the shares and the person who is disposing of the voting
rights when the life interest is created;

-               in the circumstances foreseen in DTR5.2.1 (e), the parent
undertaking and, provided it has a notification duty at an individual level
under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of those
situations, the controlled undertaking;

-               in the circumstances foreseen in DTR5.2.1 (f), the deposit taker
of the shares, if he can exercise the voting rights attached to the shares
deposited with him at his discretion, and the depositor of the shares allowing
the deposit taker to exercise the voting rights at his discretion;

-               in the circumstances foreseen in DTR5.2.1 (g), the person  that
controls the voting rights;

-               in the circumstances foreseen in DTR5.2.1 (h), the proxy holder,
if he can exercise the voting rights at his discretion, and the shareholder who
has given his proxy to the proxy holder allowing the latter to exercise the
voting rights at his discretion.

(1)               Applicable in the cases provided for in DTR 5.2.1 (b) to (h).
This should be the full name of the shareholder or holder of financial
instruments who is the counterparty to the natural person or legal entity
referred to in DTR5.2.

(1)               The date of the transaction should normally be, in the case of
an on exchange transaction, the date on which the matching of orders occurs; in
the case of an off exchange transaction, date of the entering into an agreement.


The date on which threshold is crossed should normally be the date on which the
acquisition, disposal or possibility to exercise voting rights takes effect (see
DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took
effect. 

These dates will usually be the same unless the transaction is subject to a
condition beyond the control of the parties.

(1)               Please refer to the situation disclosed in the previous
notification, In case the situation previous to the triggering transaction was
below 3%, please state 'below 3%'.

vii If the holding has fallen below the minimum threshold , the notifying party
should not be obliged to disclose the extent of the holding, only that the new
holding is less than 3%.

For the case provided for in DTR5.2.1(a), there should be no disclosure of
individual holdings per party to the agreement unless a party individually
crosses or reaches an Article 9 threshold. This applies upon entering into,
introducing changes to or terminating an agreement.

viii                   Direct and indirect



Notes


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