Holding in Company

Smiths Industries PLC
18 October 2000




Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Smiths Industries plc

2   Name of shareholder having a major interest:
Deutsche Bank AG

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:
Notification indicates that it is in respect of the interests of  Deutsche
Bank AG and its subsidiaries

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Morgan Grenfell & Co Limited A/c Library                       5
Morgan Nominees                                       14,689,372
Morgan Nominees CHY                                      128,718
Morgan Nominees CSL                                       71,000
Morgan Nominees DGR                                      272,000
Morgan Nominees ENF                                      107,500
Morgan Nominees LAM                                      139,100
Morgan Nominees NG                                        90,212
Morgan Nominees PGP                                       13,000
Morgan Nominees SAM                                       23,478
Morgan Nominees SL                                       740,403
British Overseas Bank A/c 7020                            30,689
British Overseas Bank A/c 6951                           334,000
BT Globenet A/c HLF XLF                                1,382,756
BT Globenet Nominees                                     211,917
Chase Nominees                                         1,126,428
Chase Nominees A/c 14186                                  67,119
Citicorp Nominees                                          3,900
Clydesdale Bank Custodian Nominees                       116,660
Deutsche Bank International Limited                       87,475
Lothian Regional Council                                 839,089
MSS Nominees                                           3,944,619
Nortrust Nominees                                      2,369,164
Railway Pension Trustee Co Limited                     2,938,212
Perry Nominees                                            93,000
RBSTB Nominees                                         3,855,426
RBSTB Nominees A/c 0150303182                             10,800
State Street Nominees                                  1,585,956


5   Number of shares/amount of stock acquired:
Not disclosed in notification

6   Percentage of issued class:
N/A

7   Number of shares/amount of stock disposed:
Not disclosed in notification

8   Percentage of issued class:
N/A

9   Class of security:
Ordinary shares of 25p each

10  Date of transaction:
Not disclosed in notification

11  Date company informed:
17 October 2000

12  Total holding following this notification:
35,271,998 shares

13  Total percentage holding of issued class following this notification:
11.11%

14  Contact name for queries:
Neil Burdett

15 Contact telephone number:
020 8457 8229

16  Name of company official responsible for making notification:
Neil Burdett

17  Date of notification:
18 October 2000



Additional Information:
The notification states that the holdings, other than the 5 shares held in the
name of Morgan Grenfell & Co Limited a/c Library, are held on behalf of a
number of clients whose portfolios are managed on a discretionary basis by
companies within the Group acting as Fund Managers.