Holding(s) in Company

Speedy Hire PLC
4 May 2005


Letter to: Speedy Hire PLC
Dated: 3 May 2005

5p ORDINARY SHARES ('SHARES')

We write to advise you that we, Schroder Investment Management Limited, have an 
interest in 5,983,985 shares which are held in portfolios managed by us on a 
discretionary basis for clients under investment management agreements.

Included in this figure are:-

(i)  2,927,000 shares held in (a) unit trust(s) operated and managed by an 
     affiliated company, Schroder Unit Trusts Limited (SUTL), and registered or 
     to be registered in the name of Chase Nominees Limited,
     
(ii) 3,056,985 shares neither registered nor to be registered in the name of 
     Schroder Nominees. The registration details are shown on the enclosed 
     schedule.

An affiliated company, Schroder Investment Management North America Limited 
(SIMNA Ltd), is managing (a) portfolio(s) on a similar basis holding a further 
800,418 shares which are registered or to be registered in the name of Chase 
Nominees Limited.

We believe that we, our subsidiary and affiliated company are therefore 
interested in an overall aggregate of 6,784,403 shares, representing some 
15.909% of the total number of shares in issue, namely 42,646,300.

This notification is made to you:-

(a) in respect of our interest as investment,

(b) on behalf of SIMNA Ltd and SUTL in relation to the interests they are 
    treated as having respectively under the Companies Act 1985 (the Act), and

(c) on behalf of Schroders plc., our holding company, which is treated as having 
    an interest in all of the above shares under the Act by virtue of its 
    ownership of SIMNA Ltd, SUTL and ourselves.


From: Schroder Investment Management Limited




                              5P ORDINARY SHARES 

                                   SCHEDULE
 
REGISTRATION                                                  AMOUNT

Banque Internationale a Luxembourg S                          46,679
British Coal Staff Superannuation a/c: P                   1,000,000
Chase Nominees Limited                                       466,898 
Mineworkers' Pension Scheme a/c: R                         1,265,408
Nortrust Nominees Limited                                    270,000 
Unibank Torvegade                                              8,000

                                                           3,056,985



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