Holding(s) in Company

Ricardo PLC
14 April 2005

                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     RICARDO PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     LEGAL AND GENERAL INVESTMENT MANAGEMENT


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

     AS IN 2 ABOVE


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

     HSBC GLOBAL CUSTODY NOMINEES (UK) LTD A/C 914945                     19,479
                                               887711                    554,355
                                               775245                    192,191
                                               357206                  1,356,217
                                               747381                     89,323
                                               363605                     70,967
                                               866203                     69,840
                                               360509                     71,624
              

5)   Number of shares/amount of stock acquired.

     NOT DISCLOSED


6)   Percentage of issued Class

     N/A

7)   Number of shares/amount of stock disposed

     NOT DISCLOSED

8)   Percentage of issued Class

     N/A

9)   Class of security

     ORDINARY SHARES


10)  Date of transaction

     13 APRIL 2005


11)  Date company informed

     14 APRIL 2005


12)  Total holding following this notification

     2,423,996

               
13)  Total percentage holding of issued class following this notification

     4.85


14)  Any additional information



15)  Name of contact and telephone number for queries

     M WIGHTMAN
     01273 794416


16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification      14 APRIL 2005


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