Holding(s) in Company

Speedy Hire PLC
4 October 2002



LETTER TO SPEEDY HIRE PLC - DATED 30 SEPTEMBER 2002


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

I refer to my letter informing you that UBS Global Asset Management Life Ltd, a
subsidiary of UBS Global Asset Management Holding (No.2) Ltd, (which is also
treated as having an interest in the above shares) had a notifiable interest in
the Company. UBS Global Asset Management Life Ltd and UBS Global Asset
Management Holding (No.2) Ltd wish to inform you that they no longer have a
notifiable interest in the ord 5p share capital of the Company.


FROM UBS GLOBAL ASSET MANAGEMENT


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