Holding(s) in Company

Whitbread PLC
15 November 2002


Letter to Whitbread Plc

Companies Act 1985 - Disclosure of Interest in shares

Consequent upon a purchase in the market of 225,111 shares on the 14 November
2002, we now hold the following number of shares which are not subject to a
concert party and will be registered as follows:

Material Interest

HSBC Global Custody Nominee (UK) Ltd A/c 886603       2,100,692
HSBC Global Custody Nominee (UK) Ltd A/c 775245       1,401,382
HSBC Global Custody Nominee (UK) Ltd A/c 361602           9,000
HSBC Global Custody Nominee (UK) Ltd A/c 754612         400,007
HSBC Global Custody Nominee (UK) Ltd A/c 252605         318,946
HSBC Global Custody Nominee (UK) Ltd A/c 360509         284,835
HSBC Global Custody Nominee (UK) Ltd A/c 357206       7,035,373
HSBC Global Custody Nominee (UK) Ltd A/c 130007         101,000
HSBC Global Custody Nominee (UK) Ltd A/c 904332          25,600
HSBC Global Custody Nominee (UK) Ltd A/c 866203         337,600

                                                     12,014,435      4.06%

Please note that this percentage is based on our understanding that your
issued share capital is 295,885,061.

Letter from Legal & General Investment Management Limited



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