Holding(s) in Company

SMG PLC 20 August 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 750,000 Chase Nominees Ltd 8,116,494 State Street Nominees Ltd 689,457 State Street Bank & Trust 199,600 Mellon Bank 951,785 Fidelity Investment Services Ltd (FISL) Chase Nominees Ltd 4,745,613 Chase Manhattan Bank London 9,451,590 Fidelity Pension Management (FPM) Bank of New York London 578,080 Northern Trust 246,400 Deutsche Bank 44,300 Citibank 143,500 HSBC 24,600 Chase Nominees Ltd 100,700 Fidelity International Ltd (FIL) Chase Manhattan Bank London 662,848 Chase Nominees Limited 101,100 Northern Trust 1,347,800 Deutsche Bank 788,900 Citibank 56,700 Bank of New York London 494,400 JP Morgan 77,300 State Street Nominees Limited 49,200 Bank of New York Brussels 84,200 Nortrust Nominees Limited 110,700 Morgan Stanley 66,000 State Street Bank & Trust 25,000 HSBC 667,045 5) Number of shares/amount of stock acquired 5,394,974 6) Percentage of issued class 1.72% 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 18 August 2003 11) Date company informed 19 August 2003 12) Total holding following this notification 30,573,312 13) Total percentage holding of issued class following this notification 9.73% 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 20 August 2003 This information is provided by RNS The company news service from the London Stock Exchange

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