Holding(s) in Company

SMG PLC
4 March 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                                    7,996,698

          State Street Nominees Ltd                             1,091,803

          Fidelity Investment Services Ltd (FISL)

          Chase Nominees Ltd                                    2,317,600

          Chase Manhattan Bank London                           35,501

          Fidelity International Ltd (FIL)

          Chase Manhattan Bank London                           87,800

          Chase Nominees Ltd                                    557,318

5)        Number of shares/amount of stock acquired
          3,233,624

6)        Percentage of issued class
          1.03%

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
          28 February 2002

11)       Date company informed
          4 March 2002

12)       Total holding following this notification
          12,754,480

13)       Total percentage holding of issued class following this notification
          4.06%

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
          4 March 2002


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