Holding(s) in Company

SMG PLC
29 August 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                                                  719,160
          Chase Nominees Ltd                                    7,753,844
          State Street Nominees Ltd                             637,757

          Fidelity Investment Services Ltd (FISL)
          Chase Nominees Ltd                                    8,261,300
          Chase Manhattan Bank London                           5,614,657

          Fidelity Pension Management (FPM)
          Bank of New York London                               960,080
          Northern Trust                                        139,000
          Deutsche Bank                                         48,500
          Citibank                                              87,000

          Fidelity International Ltd (FIL)
          Chase Manhattan Bank London                           690,748
          Chase Nominees Limited                                910,000
          Northern Trust                                        1,345,500
          Deutsche Bank                                         52,000
          Deutsche Bank AG, London                              38,500
          Citibank                                              66,000
          Bank of New York London                               72,500
          HSBC                                                  484,900

5)        Number of shares/amount of stock acquired
          N/A

6)        Percentage of issued class
          N/A

7)        Number of shares/amount of stock disposed
          426,801

8)        Percentage of issued class
          0.13%

9)        Class of security
          Ordinary Shares of 2.5p

10)       Date of transaction
          26 August 2002

11)       Date company informed
          27 August 2002

12)       Total holding following this notification
          27,881,446

13)       Total percentage holding of issued class following this notification
          8.87%

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
          Callum Spreng - Tel No: 0141 300 3640

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


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