Holding in Company

Inchcape PLC
31 August 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 on 30 August from Guinness Peat
Group Plc.

As at close of business on 30 August, 2001, Inchcape plc's issued share capital
was 77,451,250.

Letter from Inchcape Plc


Letter to Inchcape Plc - dated 30 August 2001

DISCLOSURE OF INTEREST IN SHARES PURSUANT TO 
S.198 TO 202 OF THE COMPANIES ACT 1985

Guinness Peat Group plc and its subsidiary companies ('the Group') hereby notify
Inchcape Plc ('Inchcape') that following on-market transactions the interest of
the Group in the capital of Inchcape has reduced to 4,107,870 Ordinary 150p
shares ('Shares') representing 5.30% of the Shares currently in issue.

So far as the Group is aware, no person interested in the Shares is party to any
agreement or arrangement relating to the exercise of any rights conferred by
holding the shares subject to this notification.

Letter from Guinness Peat Group plc