Holding in Company

Smith(David S)(Holdings) PLC
3 April 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

David S. Smith (Holdings) PLC

2) Name of shareholder having a major interest

Fidelity International Limited

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 above

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

Fidelity International Limited

5) Number of shares/amount of stock acquired

N/A

6) Percentage of issued class

N/A

7) Number of shares/amount of stock disposed

1,089,865

8) Percentage of issued class

0.34%

9) Class of security

Ordinary shares of 10p each

10) Date of transaction

29 March 2001

11) Date company informed

3 April 2001

12) Total holding following this notification

12,650,382


13) Total percentage holding of issued class following this notification

3.94%

14) Any additional information

-

15) Name of contact and telephone number for queries

Carolyn Cattermole - 020 7932 5000

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

Carolyn Cattermole

Company Secretary

Date of notification 3 April 2001