Holding in Company

Smiths Industries PLC
19 July 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                                       13,694,732
Morgan Nominees CHY                                      127,818
Morgan Nominees CSL                                       61,000
Morgan Nominees DGR                                      272,000
Morgan Nominees ENF                                       85,300
Morgan Nominees LAM                                      113,100
Morgan Nominees NG                                        90,212
Morgan Nominees PGP                                       13,000
Morgan Nominees SAM                                       24,376
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                                  966,480
BT Globenet Nominees                                     208,017
Chase Nominees                                           882,378
Chase Nominees A/c 14186                                  51,819
Citicorp Nominees                                          3,900
Clydesdale Bank Custodian Nominees                       117,060
Deutsche Bank International Limited                       42,450
Lothian Regional Council                                 839,089
MSS Nominees                                           4,508,226
Nortrust Nominees                                      2,089,324
Railway Pension Trustee Co Limited                     2,924,804
Perry Nominees                                            93,000
RBSTB Nominees                                         2,491,480
RBSTB Nominees A/c 0150303182                             12,098
State Street Nominees                                    939,956
State Street Nominees A/c Q993                            17,764

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:
19 July 2000

12  Total holding following this notification:
31,774,480

13  Total percentage holding of issued class following this notification:
10.02%

14  Contact name for queries:
Anita Steer

15 Contact telephone number:
020 8457 8258

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

17  Date of notification:
19 July 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.