Holding(s) in Company

SMG PLC
27 March 2007


NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)   Name of Company

     SMG plc

2)   Name of shareholder having a major interest

     Fidelity International

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 International Limited

     State Str Bk and Tr Co Ldnd             257,900
     Northern Trust London                   794,300
     JP Morgan, Bournemouth                  428,100
     JP Morgan, Bournemouth               32,476,132
     JP Morgan, Bournemouth                  619,000
     JP Morgan, Bournemouth                4,160,419
     HSBC Bank Plc                           599,100
     Brown Bros Harrimn Ltd Lux            1,640,095
     Bank of New York Brussels                31,500

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

     371,400

8)   Percentage of issued class

     0.12%

9)   Class of security

     Ordinary Shares of 2.5p

10)  Date of transaction

     23 March 2007

11)  Date company informed

     27 March 2007

12)  Total holding following this notification

     41,006,546 shares (41,006,546 voting rights)

13)  Total percentage holding of issued class following this notification

     12.98%

14)  Any additional information

     None

15)  Name of contact and telephone number for queries

     Jane E A Tames
     Tel No: 0141 300 3074

16)  Name and signature of authorised company official responsible for making 
     this notification

     Jane E A Tames, Company Secretary
     27 March 2007



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