Holding(s) in Company

Speedy Hire PLC
17 September 2004


Letter to    Speedy Hire Plc
Letter dated 15th September 2004


NOTIFICATION UNDER PART VI OF THE COMPANIES ACT 1985 (AS AMENDED BY THE 
COMPANIES ACT 1989)

I write to advise that Scottish Widows Investment Partnership Ltd, is interested 
in 2,465,441 ordinary shares of the above mentioned company. Of this interest, 
1,712,335 shares are material interests, which we understand represents 4.015% 
of the relevant share capital, and constitutes a notifiable interest for the 
purposes of Part VI of the Companies Act 1985. This is calculated on an issued 
share capital of 42,642,701 shares.

This notification is made on behalf of Lloyds TSB Group plc, Lloyds TSB Bank plc 
and Scottish Widows Group Limited who are deemed to be interested in these 
shares as, like Scottish Widows Investment Partnership, they are all companies 
within the Lloyds TSB Group of Companies.

The schedule below identifies the registration details of this holding.


Letter from S Brice, Manager
            Scottish Widows Investment Partnership


               
                                   SCOTTISH WIDOWS INVESTMENT PARTNERSHIP LIMITED 

                    Holders Breakdown - 3% Material Holdings where a movement has occurred


Sedol    Company Name  Stock        Total Fund Amount   Group    Fund   Registered Holder                   Interest
                       Description                      Company

0016308  SPEEDY HIRE   ORD 5P             237,810,000   SWIP     AA1AA  STATE STREET NOMINEES LTD A/C XBY2  Material
                                           89,839,000   SWIP     ALEQ1  STATE STREET NOMINEES LTD A/C W32L  Material
                                          243,466,000   SWIP     APEQU  STATE STREET NOMINEES LTD A/C W33H  Material
                                          271,883,000   SWIP     BH2AA  STATE STREET NOMINEES LTD A/C XBJ2  Material
                                           23,750,000   SWIP     BL9AA  STATE STREET NOMINEES LTD A/C XBX5  Material
                                          118,700,000   SWIP     GPS    STATE STREET NOMINEES LTD A/C XBY4  Material
                                           52,884,000   SWIP     HOI    STATE STREET NOMINEES LTD A/C W39H  Material
                                          151,703,000   SWIP     TSLTN  STATE STREET NOMINEES LTD A/C XBK6  Material
                                          522,300,000   SWIP     HO4    STATE STREET NOMINEES LTD A/C W39H  Material

                                        1,712,335,000



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