Holding in Company

Inchcape PLC 21 June 2001 LETTER TO COMPANY ANNOUNCEMENTS OFFICE Section 198 - Companies Act 1985 By way of notification pursuant to paragraph 9.11, Chapter 9 of The Listing Rules, we submit a copy of notification received today, 21 June, from Fidelity International Limited. Please note that as at close of business on 19 June, 2001 Inchcape plc's issued share capital was 78,680,407. FROM INCHCAPE PLC LETTER TO INCHCAPE PLC - DATED JUNE 19 2001 Below are amended notifications of disclosable interests under the U.K. Companies Act 1985. Please note that while this information details the disclosable interests of more than one entity, the disclosure below constitutes separate notifications of interest which have been combined solely for purposes of clarity and efficiency. It is not intended to indicate that any of these entities act as a group or in concert with respect to these interests. These disclosures are made in the interest of conformity with the Companies Act. The interest detailed herein was acquired solely for investment purposes. For disclosure purposes, holdings should be represented as Fidelity International Limited (FIL) and its direct and indirect subsidiaries, being non-beneficial holders. FROM FIDELITY INVESTMENTS NOTIFICATIONS UNDER SECTIONS 198 TO 202 -- UK COMPANIES ACT 1. Company in which shares are held: INCHCAPE PLC ORD 2. Notifiable Interest: ORDINARY SHARES Fidelity International Limited (FIL) P.O. BOX HM 670 Hamilton HMCX, Bermuda Parent holding company for various direct and indirect subsidiaries, including Fidelity Investment Services Ltd (FISL), and investment managers for various non-US investment companies and institutional clients. (See Schedule A for listing of Registered Shareholders and their holdings). 3. The notifiable interests also comprise the notifiable interest of Mr Edward C Johnson 3d 82 Devonshire Street Boston, MA 02109 Principal shareholder of Fidelity International Limited. 4. The notifiable interests include interest held on behalf of authorized unit trust schemes in the U.K. notwithstanding the exemption from reporting pursuant to Section 209 (1) (h) of the Companies Act 1985. 5. These notifications of disclosable interests constitute separate notifications of interest in the shares and are combined solely for the purposes of clarity. Nothing herein should be taken to indicate that Fidelity International Limited and its direct and indirect subsidiaries or Mr Edward C Johnson 3d act as a group or in concert in respect of the disclosed interests, or that they are required to submit these notifications on a joint basis. 6. The disclosable interests arise under section 208(4) (b) of the Act, namely where a person, not being the registered holder, is entitled to exercise a right conferred by the holding of the shares or to control the exercise of such rights, or under section 203 of the Act respectively. SCHEDULE A SECURITY: Inchcape Plc Ord Amendment No 9 SHARES HELD MANAGEMENT NOMINEE/REGISTERED COMPANY NAME (Ordinary Shares) 6,348,254 FISL Clydesdale Bank (Head Office) Nominees Limited 626,889 FIL Clydesdale Bank (Head Office) Nominees Limited TOTAL ORDINARY SHARES: 6,975,143 CURRENT OWNERSHIP PERCENTAGE: 8.60% SHARES IN ISSUE: 81,148,980 CHANGE IN HOLDINGS SINCE LAST FILING: (1,008,470) ordinary shares

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