Holding(s) in Company

Whitbread PLC
24 November 2006

Letter to Whitbread Plc
Dated 23rd November, 2006

                              S198 Companies Act 1985 (the 'Act')

We write to inform you, pursuant to s198 of the Act, that as at the close of
business on 21st November 2006, the interest of Lehman Brothers International
(Europe) in the ordinary shares of Whitbread Plc (the 'Company') had fallen
below 3%.


From Lehman Brothers




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