Holding(s) in Company

SMG PLC
12 February 2002


                                                      SCHEDULE 10

                                       NOTIFICATION OF MAJOR INTERESTS IN SHARES
1)        Name of company
          SMG plc

2)        Name of shareholder having a major interest
          Fidelity Investments

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
          Fidelity Management & Research Company (FMRCO)
          HSBC                                                  667,760

          Chase Nominees Ltd                                    7,677,392

          State Street Nominees Ltd                             414,303

          Fidelity Investment Services Ltd (FISL)
          Chase Nominees Ltd                                    630,500

          Chase Manhattan Bank London                           35,501

          Fidelity International Ltd (FIL)
          Chase Manhattan Bank London                           69,700

          Chase Nominees Ltd                                    25,700

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
          8 February 2002

11)       Date company informed
          12 February 2002

12)       Total holding following this notification
          9,520,856

13)       Total percentage holding of issued class following this notification
          3.03%

14)       Any additional information
          These notifications of disclosable interests constitute separate notifications of interest in the shares and
          are combined for the purposes of clarity. Nothing herein should be taken to indicate that FMR Corp and its
          direct and indirect subsidiaries, Fidelity International Limited and its direct and indirect subsidiaries or
          Mr Edward C Johnson 3d act as a group or in concert in respect of the disclosed interests, or that they are
          required to submit these notifications on a joint basis. The disclosable interests arise under Section 208(4)
          (b) of the Act, namely where a person, not being the registered holder, is entitled to exercise a right
          conferred by the holding of the shares or to control the exercise of such rights, or under Section 203 of the
          Act respectively.

15)       Name of contact and telephone number for queries
          Lorna Tunn - Tel No: 0141 300 3125

16)       Name and signature of authorised company official responsible for
          making this notification
          Sara Clarke - Company Secretary
          12 February 2002



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