Holding in Company

SMG PLC
8 September 2000


SMG plc
Company No. 203873


Dealings by Substantial Shareholders

Notification of Interest:                  Non Beneficial

Name of Registered Holder:                 The Capital Group of Companies, Inc

Capital Guardian Trust Company:

State Street Nominees Limited                 207,520
Chase Nominees Limited                      1,703,804
Midland Bank plc                            3,977,508
Nortrust Nominees                             579,580

Capital Research and Management Company:

State Street Nominees Limited              15,516,400

Total:                                     21,984,812
   
Number of Shares Acquired:                 Not notified

Percentage of Issued Class:                Not notified

Number of Shares Disposed:                 Not notified

Class of Security:                         Ordinary Shares of 2.5p each

Date of Transaction:                       Not notified

Date Company informed:                     7 September 2000

Total holding following notification:      21,984,812

Total percentage following notification:   7.13%

Additional Information:

This notification is of disclosable interests under the UK Companies Act 1985
Section 198.  While this information details the disclosable interests of more
than one entity, the disclosure constitutes separate notifications of interest
which have been combined solely for the purpose of clarity and efficiency.  It
is not intended to indicate that any of the entities act as a group or in
concert with respect to these interests.  The interests were combined solely
for investment purposes.  Capital Guardian Trust and Capital Research and
Management Company are non beneficial holders.


Contact:                                   Dawn Davidson
                                           Authorised Company Official

Date of Notification:                      8 September 2000