Holding(s) in Company

SMG PLC
06 February 2003

                                                      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                                                  677,660
          Chase Nominees Ltd                                    8,116,494
          State Street Nominees Ltd                             481,757
          Fidelity Management Trust Company (FMTC)
          State Street Bank & Trust                             199,600
          Fidelity Investment Services Ltd (FISL)
          Chase Nominees Ltd                                    5,577,100
          Chase Manhattan Bank London                           5,067,357
          Fidelity Pension Management (FPM)
          Bank of New York London                               813,880
          Northern Trust                                        121,900
          Deutsche Bank                                         36,100
          Citibank                                              69,900
          Fidelity International Ltd (FIL)
          Chase Manhattan Bank London                           258,748
          Chase Nominees Limited                                50,600
          Northern Trust                                        926,100
          Deutsche Bank                                         38,700
          Deutsche Bank AG, London                              28,700
          Citibank                                              49,100
          Bank of New York London                               53,900

5)        Number of shares/amount of stock acquired
          811,000

6)        Percentage of issued class
          0.26%

7)        Number of shares/amount of stock disposed
          N/A

8)        Percentage of issued class
          N/A

9)        Class of security
          Ordinary Shares of 2.5p

10)       Date of transaction
          31 January 2003

11)       Date company informed
          6 February 2003

12)       Total holding following this notification
          22,567,596

13)       Total percentage holding of issued class following this notification
          7.18%

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

          6 February 2003


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