Holding in Company

SMG PLC
8 January 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

SMG plc

2) Name of shareholder having a major interest

The Capital Group Companies, Inc

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

Non-Beneficial

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

Capital Guardian Trust Company

State Street Nominees Limited 209,181

Chase Nominees Limited                2,428,630

Midland Bank plc                     4,058,837

Nortrust Nominees                     584,220

Capital Research and Management Company

State Street Nominees Limited     12,634,766


5) Number of shares/amount of stock acquired

Not notified

6) Percentage of issued class

Not notified

7) Number of shares/amount of stock disposed

Not notified

8) Percentage of issued class

Not notified

9) Class of security

Ordinary Shares of 2.5p

10) Date of transaction

2 January 2001

11) Date company informed

5 January 2001

12) Total holding following this notification

19,915,634


13) Total percentage holding of issued class following this notification

6.46%

14) Any 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. The
interests were combined solely for investment purposes. Capital Guardian Trust
and Capital Research and Management Company are non-beneficial holders.

15) Name of contact and telephone number for queries

Lorna Tunn

Tel No: 0141 300 3229

16) Name and signature of authorised company official responsible for
making this notification

Dawn Davidson - Company Secretary


Date of notification 8 January 2001