Holding in Company

Headlam Group PLC
5 December 2001

Headlam Group plc - DISCLOSURE OF INTEREST IN SHARES

Headlam Group plc announces that it has today received notification that
Fidelity International Limited (FIL) and its direct and indirect subsidiaries,
being non-beneficial holders, now have a notifiable interest in 5,908,480
ordinary voting shares of 5p each of the Company. This represents 7.04 per
cent of the issued share capital of Headlam Group plc.

The shares are registered as follows:

Nominee / Registered Name                   Management Company    Shares held

Chase Nominees Limited                      FISL                  5,385,087

HSBC Client Holdings Nominee (UK) Limited   FIL                   1,265

Chase Nominees Limited                      FIL                   348,288

State Street Bank & Trust                   FIL                   59,800

Bankers Trust                               FIL                   114,040

Total                                                             5,908,480

5 December 2001

End