Holding(s) in Company

Smith (DS) PLC
17 November 2004


DS Smith Plc (the 'Company')

The Company received notification on 17 November 2004 that, as a result of share
purchases on 16 November 2004, Deutsche Bank AG (and its subsidiary companies)
have an interest in 38,860,886 shares, being 10.03% of the total issued share
capital of the Company.

Carolyn Cattermole
Company Secretary
17 November 2004

Tel: [phone]



                      This information is provided by RNS
            The company news service from the London Stock Exchange