Holding(s) in Company

3i Group PLC
10 August 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

3i Group plc

2. Name of shareholders having a major interest

Scottish Widows Investment Partnership Ltd, Lloyds TSB Group plc, Lloyds 
TSB Bank plc and Scottish Widows Group Limited, all being companies within the 
Lloyds TSB Group of Companies.

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

In respect of those named in 2 above

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

                            REGISTERED HOLDER                            SHARES
Scottish Widows Investment                                           18,499,960
Partnership Limited
                            State Street Nominees Ltd A/C XBY2        2,444,141
                            State Street Nominees Ltd A/C W36A          329,198
                            State Street Nominees Ltd A/C W32L          640,032
                            State Street Nominees Ltd A/C W33H        1,970,829
                            State Street Nominees Ltd A/C XBJ2        2,303,425
                            State Street Nominees Ltd A/C W3J3        1,287,400
                            State Street Nominees Ltd A/C W3I8           67,319
                            State Street Nominees Ltd A/C XBY4        1,248,511
                            State Street Nominees Ltd A/C W39Q           57,132
                            State Street Nominees Ltd A/C W39N          401,637
                            State Street Nominees Ltd A/C W36U          997,554
                            State Street Nominees Ltd A/C XBK6        1,149,857
                            State Street Nominees Ltd A/C W39F        5,602,925

5. Number of shares / amount of stock acquired

not known

6. Percentage of issued class

not known

7. Number of shares / amount of stock disposed

not applicable

8. Percentage of issued class

not applicable

9. Class of security

Shares of 50p each

10. Date of transaction

not known

11. Date company informed

10 August 2004

12. Total holding following this notification

18,499,960

13. Total percentage holding of issued class following this notification

3.014%

14. Any additional information

Scottish Widows Investment Partnership Ltd is also interested in a further 
1,735,639 shares which do not constitute a material interest.

15. Name of contact and telephone number for queries

June Webb - 020 7975 3530

16. Name and signature of authorised company official responsible for making
this notification

Sabina Dawson, Assistant Company Secretary

Date of notification

10 August 2004

                      This information is provided by RNS
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