Holding(s) in Company

SMG PLC
8 May 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                                                  655,160
          Chase Nominees Ltd                                    8,350,444
          State Street Nominees Ltd                             1,148,357
          Fidelity Investment Services Ltd (FISL)
          Chase Nominees Ltd                                    4,686,000
          Chase Manhattan Bank London                           3,026,801
          Fidelity Pension Management (FPM)
          Bank of New York London                               896,500
          Northern Trust                                        139,000
          Deutsche Bank                                         48,500
          Citibank                                              87,000
          Fidelity International Ltd (FIL)
          Chase Manhattan Bank London                           584,400
          Chase Nominees Limited                                1,460,200
          Northern Trust                                        855,500
          Deutsche Bank                                         47,500
          Deutsche Bank AG, London                              38,500
          Citibank                                              66,000
          Bank of New York London                               72,500

5)        Number of shares/amount of stock acquired
          2,535,600

6)        Percentage of issued class
          0.80%

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
          3 May 2002

11)       Date company informed
          8 May 2002

12)       Total holding following this notification
          22,162,362

13)       Total percentage holding of issued class following this notification
          7.05%

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
          8 May 2002


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