Holding(s) in Company

Speedy Hire PLC
13 August 2002


LETTER TO SPEEDY HIRE PLC - DATED 12 AUGUST 2002

Re: S.198 Companies Act 1985: as amended by The Disclosure of Interest in Shares
(Amendment) Regulations 1993

In accordance with the Companies Act 1985, (as amended) I write to notify you
that UBS Global Asset Management Life Ltd has an interest in 1,294,298 ord 5p
shares of the Company. This represents 3.03% of the issued share capital of the
Company.

Please find below a list of the Registered holders.

UBS Global Asset Management Life Ltd is a subsidiary of UBS Global Asset
Management Holding (No.2) Ltd which is also treated as having an interest in the
above shares. 

LETTER FROM D OAKTON, LEGAL & COMPLIANCE DEPARTMENT,
            UBS GLOBAL ASSET MANAGEMENT (UK) LTD
 



                   Total Issued Share Capital -   42,593,678

Name                                            Quantity

PHILDREW NOMINEES LIMITED         A/C LF09       182,324

PHILDREW NOMINEES LIMITED         A/C LF20     1,111,974
                                               ---------
                                               1,294,298
                                               ---------
                                                   3.03%



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