Major Interests in Shares

Shires Income PLC
16 May 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company: Shires Income plc

2) Name of shareholder having a major interest: Barclays plc

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:
shareholder named 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:

1. Barclays Global Investors Ltd                  382,972
2. Gerrard Ltd                                     28,667
3. Barclays Life Assurance Co Ltd                  20,050
4. Barclays Bank Trust Company Ltd                916,880
5. Barclays Private Bank and Trust Ltd              3,110
                                                ----------
                                                1,351,679
                                                ==========

5) Number of shares/amount of stock acquired:

6) Percentage of issued class:

7) Number of shares/amount of stock disposed: 426,276

8) Percentage of issued class: 1.44%

9) Class of security: Ordinary 50p shares

10) Date of transaction: 11 May 2005

11) Date company informed: 16 May 2005

12) Total holding following this notification: 1,351,679

13) Total percentage holding of issued class following this notification: 4.55%

14) Any additional information:

15) Name of contact and telephone number for queries: F McLean 0141 572 2700

16) Name and signature of authorised company official responsible for
making this notification: G McDonald 0141 572 2700

Date of notification: 16 May 2005




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