Holding(s) in Company

Macfarlane Group PLC
31 March 2005


To RNS 

Substantial shareholdings   Macfarlane Group PLC

We have been notified in accordance with the Companies Act that the following 
shareholders hold the number of shares set out below:-

Holder                            No. of shares      % held       Date notified

Credit Suisse Asset 
Management Limited                   12,385,824       10.77%      31 March 2005

Britel Fund Nominees                  7,043,482        6.13%      30 March 2005
(Hermes Investment Management Limited)

Possfund Nominees Ltd                 4,881,105        4.24%      30 March 2005
(Hermes Investment Management Limited)

M& G Group Limited 
(part of Prudential plc)              5,000,000        4.35%      30 March 2005

Lord Macfarlane of                    4,033,170 *      3.51%      31 March 2005
Bearsden and Lady Macfarlane
           
*    Lord Macfarlane has informed the company that his shareholding has reduced 
     by 750,000 shares as a result of the transfer of shares to members of his 
     family.


From Macfarlane Group PLC


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