Holding(s) in Company

SMG PLC 26 September 2007 TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: SMG plc 2. Reason for notification (yes/no) An acquisition or disposal of voting rights Yes An acquisition or disposal of financial instruments which may result No in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights No Other (please specify):______________ No 3. Full name of person(s) subject to notification obligation: UBS Global Asset Management - Traditional 4. Full name of shareholder(s) (if different from 3): UBS Global Asset Management (UK) Limited UBS Global Asset Management Life Limited 5. Date of transaction (and date on which the threshold is crossed or reached if different): 21 September 2007 6. Date on which issuer notified: 25 September 2007 7. Threshold(s) that is/are crossed or reached: 10.03% 8: Notified Details A: Voting rights attached to shares Class/type Situation previous Resulting situation after the triggering of shares to the triggering transaction If possible transaction use ISIN code Number of Number of Number of Number of voting Percentage of shares voting shares rights voting rights rights Direct Direct Indirect Direct Indirect GB0004325402 31,543,001 31,543,001 31,782,435 1,040,797 30,741,638 0.33% 9.70% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ No. of voting rights that may Percentage financial date conversion be acquired (if the instrument of voting instrument period/date exercised/converted) rights Total (A+B) Number of voting rights Percentage of voting rights 31,782,435 10.03% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: UBS Global Asset Management (UK) Limited - 30,741,638 (9.70%) UBS Global Asset Management Life Limited - 1,040,797 (0.33%) Proxy Voting: 10. Name of proxy holder: UBS Global Asset Management on behalf of a number of asset management clients 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Jane E A Tames 15. Contact telephone number: 0141 300 3074 This information is provided by RNS The company news service from the London Stock Exchange

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