Holding(s) in Company

Serco Group PLC
11 December 2002


Serco Group plc

In accordance with Sections 198 - 202 of the Companies Act 1985, the Company was
today notified of the following reduced Notifiable Interest, which was effected
on 10 December 2002:

Merrill Lynch Investment Managers Limited - 11.78%



Contact: Julie Hindley 01932 755900


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