Holding(s) in Company

Speedy Hire PLC
14 October 2002


LETTER TO: SPEEDY HIRE PLC - DATED 11 OCTOBER 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 1,305,254 ord 5p
shares of the Company. This represents 3.06% 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. We are authorised to make this aggregate disclosure on behalf of
UBS Global Asset Management Holding (No.2) Ltd the registered address of which
is:

               21 Lombard Street 
               London 
               EC3V 9AH


FROM: D. OAKTON
      LEGAL & COMPLIANCE DEPARTMENT
      UBS GLOBAL ASSET MANAGEMENT
  


                            Speedy Hire PLC

                Total Issued Share Capital - 42,593,678
 

Name                                            Quantity

PHILDREW NOMINEES LIMITED       A/C LF09         101,024

PHILDREW NOMINEES LIMITED       A/C LF20       1,204,230
                                               _________

                                               1,305,254
                                               _________

                                                   3.06%


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