Holding(s) in Company

Smith (DS) PLC
04 May 2006

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


DS Smith Plc



2. Name of shareholder having a major interest


Dimensional Fund Advisors 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


As above



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


Registered name                                                 Number of Shares

Old Westbury Small Cap Fund                                               19,309
DFA International Core Equity Fund of Dimensional Funds                    4,075
International Core Equity Fund of DFA Investment Dimensions
Group Inc
41,051
European Small Company Fund of Dimensional Funds plc                     100,675
VA International Value Portfolio of DFA Investment Dimensions
Group Inc
9,600
Tax-Managed DFA International Value Portfolio of DFA
Investment Dimensions Group Inc                                          206,800
DFA International Small Cap Fund of Dimensional Funds                     36,084
VA International Small Portfolio of DFA Investment Dimensions
Group Inc
19,364
International Small Company Fund of John Hancock Funds II                660,348
International Small Company Fund of John Hancock Trust                   389,105
SA International HBtM Fund                                                45,421
DFA International Small Cap Value Portfolio of DFA Investment
Dimensions Group Inc                                                   8,448,329
UK Small Company Series of The DFA Investment Trust Company            1,373,005
United Kingdom Small Companies Fund of Dimensional Funds ICVC             99,607
United Kingdom Value Fund of Dimensional Funds ICVC                       54,373
Separate account advised by Dimensional                                  274,391
Separate account advised by DFA Australia Limited                         76,066
Separate account advised by Dimensional Fund Advisors Limited            231,966
Separate account advised by Dimensional Fund Advisors Limited             78,591



5. Number of shares / amount of stock acquired


12,268,160



6. Percentage of issued class


3.14



7. Number of shares / amount of stock disposed


N/A



8. Percentage of issued class


N/A



9. Class of security


Ordinary shares of 10p each



10. Date of transaction


3 May 2006



11. Date company informed


4 May 2006



12. Total holding following this notification


12,268,160



13. Total percentage holding of issued class following this notification


3.14



14. Any additional information






15. Name of contact and telephone number for queries


Anne Steele

020 7932 5031



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


Carolyn Cattermole, Company Secretary



Date of notification


4 May 2006



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