Holding(s) in Company

European Motor Hldgs PLC
02 July 2004



                            
European Motor Holdings plc (the "Company")

Holding in Company

The Company received notification yesterday that UBS Global Asset Management
Life Ltd currently has an interest in 4,083,302 ordinary shares of 40p each in
the Company representing 7.62 per cent of the issued share capital of that
class. UBS Global Asset Management Life Ltd is a subsidiary of UBS Global Asset
Management Holding (No.2) Ltd which is also treated as having an interest in the
above mentioned shares. Of these shares 3,911,144 ordinary shares representing
7.3 per cent are registered in the name of Phildrew Nominees Limited A/C LF20.

Ends




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