Holding(s) in Company

Whitbread PLC 19 March 2003 Letter to Whitbread Plc 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 36,477,045 ord GBP0.50 shares 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 6,624,415 shares (2.24%), and a non-beneficial interest of 29,852,630 shares (10.09%). The identity of each registered holder of the shares to which this notice relates, so far as known to AXA Investment Managers UK Ltd, as at 17/03/03, is as per the attached Appendix. This notification of change is due to an increase in the non beneficial interest holding from 9.93% to 10.09%. Letter from AXA Investment Managers DISCLOSURE OF INTEREST IN SHARES OF APPENDIX - NOTICE UNDER SECTION 198 OF THE COMPANIES ACT 1985 Whitbread plc ord GBP0.50 shares Total number of shares held as at 17/03/03 was 36,477,045 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 3,966 Trustees of AXA UK Investment Co ICVC HSBC Global Custody Nominee (UK)Limited UK Tracker Fund UK Tracker Fund a/c 845315 (Non-Beneficial) AXA UK Investment Co ICVC 44,000 Trustees of AXA UK Investment Co ICVC Chase Nominees Ltd Global Growth Fund Global Growth Fund a/c 17260 (Non-Beneficial) 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 1,476,060 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 4,246 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 440,404 (Registration details available (Beneficial) upon request) AXA Sun Life plc 2,768,829 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) AXA Financial, Inc* 26,804,664 See note below (Non-Beneficial) Holding as % of Issued Capital Total Beneficial Interest 6,624,415 2.24 Total Non-Beneficial Interest 29,852,630 10.09 ---------- ----- Total 36,477,045 12.33% ========== ===== *AXA FINANCIAL INCLUDES HOLDINGS FOR ALLIANCE CAPITAL MANAGEMENT LP Alliance Capital Management LP ('Alliance Capital') is an investment advisor- registered under the Investment Advisors Act of 1940. Alliance Capital provides investment advisory services to corporate employee benefit plans subject to the Employee Retirement Income Security Act of 1974 ('ERISA'), public employee retirement systems, investment companies and separate accounts registered under the Investment Company Act of 1940, foundations, endowment funds, tax-exempt organizations, and other institutional investors and individuals. Alliance Capital manages investment assets on behalf of its clients which confers upon it, among other things, the right to vote on behalf of its clients. Under the federal securities laws, the right to vote or make investment decisions with respect to a security (even if such right is constrained by Fiduciary duties and does not carry with it any pecuniary interest in the securities) is enough to confer beneficial ownership on the security on a person. Any shares deemed beneficially owned by Alliance Capital were acquired solely for investment purposes in the ordinary course and not for the purpose or intent of influencing control over the issuer. This information is provided by RNS The company news service from the London Stock Exchange

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