Holding in Company

Inchcape PLC
16 May 2001



LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

LETTER DATED: 16 MAY, 2001


Section 198 - Companies Act 1985

By way of notification pursuant to paragraph 9.11, Chapter 9 of The Listing
Rules, we enclose a copy of a notification received today, 16 May, from M&G
Investment Management Limited.

Please note that as at close of business on 15 May 2001, Inchcape plc's issued
share capital was 81,248,980.

LETTER FROM: INCHCAPE PLC




LETTER TO: INCHCAPE PLC 

LETTER DATED: 16 MAY 2001


Companies Act 1985 (as amended):
Disclosure of Interests in Shares

In accordance with Part VI of the Companies Act 1985 (as amended) (the 'Act'),
we write to inform you that Prudential plc and all of its subsidiary companies,
no longer have a notifiable interest in the issued share capital of your
company.

For the purposes of S210 of the Act, the address for those companies identified
herein is Laurence Pountney Hill London EC4R 0HH.

LETTER FROM:  TOM DOWLER
              FOR AND ON BEHALF OF PRUDENTIAL PLC
              M&G INVESTMENT MANAGEMENT LIMITED




                Notifiable Position Report for INCHCAPE ORD GBP1.50
                                as at 15 May 2001

Percentage holdings are calculated using an issued share capital of 81,248,980
ORD GBP1.50 shares

                   Registered Holder                   Holding            %

                                
                                        No Records Returned