Holding(s) in Company

RWS Holdings PLC
26 November 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.     Name of company
       RWS Holdings plc

2.     Name of shareholder having a major interest
       Merrill Lynch Investment Managers, Merrill Lynch Group Inc. & Merrill Lynch & Co. Inc

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.
       The notification is in respect of both Beneficial and Non-Beneficial holdings as detailed below.

4.     Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them
       Nutraco Nominees Limited (Designated & Undesignated) 3,341,112  Non-Beneficial (MLIM)
       Merrill Lynch Pensions Nominees Limited a/c NONCERT 170,556 Beneficial (MLIM)
       Nortrust Nominees Limited 185,870 Non-beneficial (MLIM)
       Mellon Nominees Limited 477,427 Non-beneficial (MLIM)
       Others 167,396 (MLIM)
       Merrill Lynch & Co. Inc 237,250

5.     Number of shares/amount of stock acquired
       Not disclosed

6.     Percentage of issued class
       Not disclosed

7.     Number of shares/amount of stock disposed
       Not disclosed

8.     Percentage of issued class
       Not disclosed

9.     Class of security
       Ordinary shares of 5p each

10.    Date of transaction
       22 November 2004

11.    Date company informed
       26 November 2004

12.    Total holding following this notification
       4,579,611

13.    Total percentage holding of issued class following this notification
       12%

14.    Any additional information


15.    Name of contact and telephone number for queries
       Mike McCarthy 01753 480240

16.    Name and signature of authorised company official responsible for making this notification.
       Mike McCarthy, Finance Director


Date of notification: 26 November 2004


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