Holding(s) in Company

Whitbread PLC
16 January 2003



Letter to Whitbread Plc
15 January 2003

NOTIFICATION OF INTEREST(S) IN SHARES UNDER SECTION 198 COMPANIES 
ACT 1985 ('THE ACT')

WHITBREAD PLC

This notification supersedes any previous notification from AXA Investment 
Managers UK Ltd.

We are writing on behalf of AXA S.A. of 25 Avenue Matignon, 75008 Paris and its
Group Companies who are deemed to have an interest in these shares.

AXA S.A. knows that they were interested in 31,932,837 ord shares GBP0.50 in the
295,885,061 share capital immediately after the time when the obligation of
disclosure arose pursuant to section 198 of the Act. These shares represent a 
beneficial interest of 6,094,035 shares (2.06%), and a non-beneficial interest 
of 25,838,802 shares (8.73%).

The identity of each registered holder of the shares to which this notice
relates, so far as as known to AXA Investment Managers UK Ltd, as at 14/01/03,
is as per the Appendix below.

This notification of change is due to an increase in the total holding from
9.20% to 10.79%.

Letter from Axa Investment Managers UK Limited



                        DISCLOSURE OF INTEREST IN SHARES OF
         APPENDIX - NOTICE UNDER SECTION 198 OF THE COMPANIES ACT 1985
                         Whitbread plc ord shares GBP0.50

     Total number of shares held as at 14/01/03 was 31,932,837 the breakdown 
                             of which is set out below:     

Name of the                  Number of      Particulars of                            Registered as
Company/Fund                 Shares         Beneficial owners   

AXA UK Investment Co ICVC        3,225      Trustees of AXA UK Investment Co ICVC     HSBC Global Custody Nominee (UK)
UK Tracker Fund                             UK Tracker Fund                           Limited 
(Non-Beneficial)                                                                      a/c 845315

Sun Life Pensions Management    75,000      Sun Life Pensions Management Ltd          HSBC Global Custody Nominee (UK)
Ltd                                                                                   Limited
A/c X                                                                                 a/c 867530
(Beneficial)

Sun Life Assurance Society   1,126,060      Sun Life Assurance Society Plc            HSBC Global Custody Nominee (UK)
Plc                                                                                   Limited
(Beneficial)                                                                          a/c 776934

Sun Life Unit Assurance Ltd    618,000      Sun Life Unit Assurance Ltd               HSBC Global Custody Nominee (UK) 
A/c X                                                                                 Limited
(Beneficial)                                                                          a/c 867116

Sun Life Unit Assurance Ltd    300,000      Sun Life Unit Assurance Ltd               HSBC Global Custody Nominee (UK)
A/c X                                                                                 Limited
(Beneficial)                                                                          a/c 867220

Sun Life Unit Assurance Ltd    381,000      Sun Life Unit Assurance Ltd               HSBC Global Custody Nominee (UK)
A/c X                                                                                 Limited
(Beneficial)                                                                          a/c 867268

Sun Life Unit Assurance Ltd    529,741      Sun Life Unit Assurance Ltd               HSBC Global Custody Nominee (UK)
A/c X                                                                                 Limited
(Beneficial)                                                                          a/c 867050

Sun Life Pensions Management     8,866      Sun Life Pensions Management Ltd          Smith & Williamson Nominees Ltd
Ltd                                                                                   a/c S66
(Beneficial) 

Sun Life Pensions Management    31,135      Sun Life Pensions Management Ltd          RBSTB nominees designation Sunpen
Ltd 
(Beneficial)

AXA Colonia Konzem             285,404      (Registration details available
(Beneficial)                                upon request)

AXA Financial, Inc           25,835,577     (Registration details available
(Non-Beneficial)                            upon request)

AXA Sun Life plc              2,738,829     AXA Sun Life plc                          Axa Sun Life plc
(fmly Axa Equity & Law Life                 (fmly Axa Equity & Law Life
Assurance Society plc)                      Assurance Society plc)
(Beneficial)

                                                 
                                              Holding as % of Issued Capital

    Total Beneficial Interest   6,094,035                   2.06

Total Non-Beneficial Interest  25,838,802                   8.73

                     Total     31,932,837                  10.79%


                      This information is provided by RNS
            The company news service from the London Stock Exchange


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HOLILFIELSIRLIV