Result of Placing

Shanks Group PLC
10 March 2000


PROPOSED ACQUISITION OF WASTE MANAGEMENT NEDERLAND BV

Further  to this morning's announcement of the proposed acquisition  of  Waste
Management Nederland BV, Shanks Group now announces that, following an  active
tender,  the  21,134,000 ordinary shares to be issued in connection  with  the
acquisition have been successfully placed by Hoare Govett Limited at a  strike
price of 175p per share, determined through an accelerated book build process.
The shares were placed with a wide range of institutions.

Press enquiries:

Shanks Group plc                       01628 524 523
Michael Averill, Group Chief Executive
David Downes, Group Finance Director

Lazard Brothers & Co. Limited          0171 588 2721
Nicholas Jones
Julian Goodwin

Hoare Govett Limited                   0171 678 8000
Garth James
Will Coleman

Each of Lazard Brothers & Co., Limited and Hoare Govett Limited, which are
regulated in the United Kingdom by The Securities and Futures Authority
Limited, is acting exclusively for Shanks Group plc in relation to the
proposed acquisition and is not advising any other person or treating any
other person as its customer in relation thereto.