Holding in Company

Wolseley PLC
20 September 2000

Letter to Company Announcements Office

Substantial Shareholdings - Wolseley Plc Ordinary Shares of 25p each

This is to inform you that on 18 September 2000 Wolseley Plc received from
Sprucegrove Investment Management Limited, Ontario, Canada, notification that
Sprucegrove's interest in Wolseley Plc ordinary 25p shares stood at 3.2%,
identified as follows:-

No of shares                       Nominee Name

  3,534,202                        State Street Nominees Ltd - NP8E
    614,400                        BT Globenet Nominees Limited
  2,507,800                        Chase Nominees Limited
  2,295,200                        MSS Nominees Limited
  1,237,167                        Nortrust Nominees Limited
  4,597,400                        RBSTB Nominees Limited
  1,316,372                        CBLONDON-CNY GRP
  1,970,780                        State Street Nominees Ltd - SM86
    204,626                        State Street Nominees Ltd - AA1X
    184,053                        State Street Nominees Ltd - JF2M
 18,462,000                        Total