Holding in Company

Wincanton PLC
25 May 2001


Letter to Wincanton Plc
22 May 2001

In compliance with the Companies Act 1985, as amended, we write to you today to
inform you that due to the reorganisation of M&G Unit Trust Funds the
registration details of the funds that hold shares in your company may have
changed.  The new details are shown on the schedule below.

Please note that this is not a change in notifiable interest, we are simply
obliged to inform you that these registration details have changed.

Letter from M&G Investment Management Limited



            Notifiable Position Report for WINCANTON ORD GBP0.10
                               as at 21 May 2001

Percentage holdings are calculated using an issued share capital of 114,740,877
ORD GBP0.10 shares.


                  Registered Holder                   Holding     %

Prudential Plc                                     11,739,286   10.23 Total
                                                                      Notifiable
                                                                      Interest
                  CHASE NOMS LT A/C 14914             506,973
                  CHASE NOMS LTD                       30,000
                  CHASE NOMS LTD A/C 14915             96,500
                  CLYDESDALE BK (H.OFF) NOMS LTD      704,862
                  CLYDESDALE BK NOMS LTD CHA        1,766,588
                  CLYDESDALE BK NOMS LTD ITRT         625,000
                  CLYDESDALE BK NOMS LTD MGG        2,375,000
                  CLYDESDALE BK NOMS LTD MGI          250,000
                  CLYDESDALE BK NOMS LTD MGT            7,300
                  CLYDESDALE BK NOMS LTD RIT          500,000
                  MAGIM HSBC GIS NOM (UK) SALI         64,000
                  PRUCLT HSBC GIS NOM (UK) PAC AC   3,273,270
                  PRUCLT HSBC GIS NOM (UK) PHL AC     143,378
                  PRUCLT HSBC GIS NOM (UK) PPL AC   1,193,415
                  RBS NORTRUST NOMS LTD (SAMI)          3,000
                  ROY NOMINEES 578079                 200,000


Percentage holdings are calculated using an issued share capital of 114,740,877
ORD GBP0.10 shares.


                  Registered Holder                   Holding     %


M&G Group Limited                                  11,739,286   10.23

                  CHASE NOMS LT A/C 14914             506,973
                  CHASE NOMS LTD                       30,000
                  CHASE NOMS LTD A/C 14915             96,500
                  CLYDESDALE BK (H.OFF) NOMS LTD      704,862
                  CLYDESDALE BK NOMS LTD CHA        1,766,588
                  CLYDESDALE BK NOMS LTD ITRT         625,000
                  CLYDESDALE BK NOMS LTD MGG        2,375,000
                  CLYDESDALE BK NOMS LTD MGI          250,000
                  CLYDESDALE BK NOMS LTD MGT            7,300
                  CLYDESDALE BK NOMS LTD RIT          500,000
                  MAGIM HSBC GIS NOM (UK) SALI         64,000
                  PRUCLT HSBC GIS NOM (UK) PAC AC   3,273,270
                  PRUCLT HSBC GIS NOM (UK) PHL AC     143,378
                  PRUCLT HSBC GIS NOM (UK) PPL AC   1,193,415
                  RBS NORTRUST NOMS LTD (SAMI)          3,000
                  ROY NOMINEES 578079                 200,000



Percentage holdings are calculated using an issued share capital of 114,740,877
ORD GBP0.10 shares.

                  Registered Holder                   Holding     %


M&G Investment Management Limited                  11,731,986   10.22

                  CHASE NOMS LT A/C 14914             506,973
                  CHASE NOMS LTD                       30,000
                  CHASE NOMS LTD A/C 14915             96,500
                  CLYDESDALE BK (H.OFF) NOMS LTD      704,862
                  CLYDESDALE BK NOMS LTD CHA        1,766,588
                  CLYDESDALE BK NOMS LTD              625,000
                  CLYDESDALE BK NOMS LTD MGG        2,375,000
                  CLYDESDALE BK NOMS LTD MGI          250,000
                  CLYDESDALE BK NOMS LTD RIT          500,000
                  MAGIM HSBC GIS NOM (UK) SALI         64,000
                  PRUCLT HSBC GIS NOM (UK) PAC AC   3,273,270
                  PRUCLT HSBC GIS NOM (UK) PHL AC     143,378
                  PRUCLT HSBC GIS NOM (UK) PPL AC   1,193,415
                  RBS NORTRUST NOMS LTD (SAMI)          3,000
                  ROY NOMINEES 578079                 200,000



Percentage holdings are calculated using an issued share capital of 114,740,877
ORD GBP0.10 shares.

                  Registered Holder                   Holding     %


M&G Limited                                        11,739,286   10.23

                  CHASE NOMS LT A/C 14914             506,973
                  CHASE NOMS LTD                       30,000
                  CHASE NOMS LTD A/C 14915             96,500
                  CLYDESDALE BK (H.OFF) NOMS LTD      704,862
                  CLYDESDALE BK NOMS LTD CHA        1,766,588
                  CLYDESDALE BK NOMS LTD ITRT         625,000
                  CLYDESDALE BK NOMS LTD MGG        2,375,000
                  CLYDESDALE BK NOMS LTD MGI          250,000
                  CLYDESDALE BK NOMS LTD MGT            7,300
                  CLYDESDALE BK NOMS LTD RIT          500,000
                  MAGIM HSBC GIS NOM (UK) SALI         64,000
                  PRUCLT HSBC GIS NOM (UK) PAC AC   3,273,270
                  PRUCLT HSBC GIS NOM (UK) PHL AC     143,378
                  PRUCLT HSBC GIS NOM (UK) PPL AC   1,193,415
                  RBS NORTRUST NOMS LTD (SAMI)          3,000
                  ROY NOMINEES 578079                 200,000


The Prudential Assurance                            4,530,685    3.94
Company Limited

                  MAGIM HSBC GIS NOM (UK) SALI         64,000
                  PRUCLT HSBC GIS NOM (UK) PAC AC   3,273,270
                  PRUCLT HSBC GIS NOM (UK) PPL AC   1,193,415