Holding(s) in Company

Speedy Hire PLC
25 July 2002



LETTER TO SPEEDY HIRE PLC - DATED 24 JULY 2002


Companies Act: 1985 (as amended):
Disclosure of Interests in Shares

In accordance with Part VI of the Companies Act 1985 (as amended) (the 'Act'),
we write to inform you that Prudential plc and certain of its subsidiary
companies have a notifiable interest in the issued share capital of your company
as detailed in the schedule below.

For the purposes of S210 of the Act, the address for those companies identified
in the schedule below is Laurence Pountney Hill London EC4R 0HH.


LETTER FROM M&G INVESTMENT MANAGEMENT LIMITED



                  Notifiable Position for SPEEDY HIRE ORD GBP0.05
                                as at 23 July 2002
                          

Percentage holdings are calculated using an issued share capital of 42,538,835 
                                 ORD GBP0.05 shares

                     Registered Holder                       Holding        %

Prudential plc                                             4,316,668     10.14     Total Notifiable Interest
                     CHASE NOMS LTD                           22,000
                     CLYDESDALE BK NOMS LTD MGG            2,174,576
                     CLYDESDALE BK NOMS LTD MGT                6,200
                     PRUCLT HSBC GIS NOM(UK) PAC AC        2,031,712
                     PRUCLT HSBC GIS NOM(UK) PPL AC           82,180

M&G Group Limited                                          4,316,668     10.14
                     CHASE NOMS LTD                           22,000
                     CLYDESDALE BK NOMS LTD MGG            2,174,576
                     CLYDESDALE BK NOMS LTD MGT                6,200
                     PRUCLT HSBC GIS NOM(UK) PAC AC        2,031,712
                     PRUCLT HSBC GIS NOM(UK) PPL AC           82,180

M&G Investment
Management Limited                                         4,310,468     10.13
                     CHASE NOMS LTD                           22,000
                     CLYDESDALE BK NOMS LTD MGG            2,174,576
                     PRUCLT HSBC GIS NOM(UK) PAC AC        2,031,712
                     PRUCLT HSBC GIS NOM(UK) PPL AC           82,180

M&G Limited                                                4,316,668     10.14
                     CHASE NOMS LTD                           22,000
                     CLYDESDALE BK NOMS LTD MGG            2,174,576
                     CLYDESDALE BK NOMS LTD MGT                6,200
                     PRUCLT HSBC GIS NOM(UK) PAC AC        2,031,712
                     PRUCLT HSBC GIS NOM(UK) PPL AC           82,180

The Prudential Assurance
Company Limited                                            2,113,892      4.96
                     PRUCLT HSBC GIS NOM(UK) PAC AC        2,031,712
                     PRUCLT HSBC GIS NOM(UK) PPL AC           82,180


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