Holding in Company

Marks & Spencer PLC
27 February 2001

27 February 2001

PART VI, COMPANIES ACT 1985 ('Act')

DISCLOSURE OF INTEREST IN VOTING SHARES

Marks and Spencer p.l.c. was notified today by Brandes Investment Partners,
L.P. ('Brandes') that at close of business on 15 February 2001:

(i)     Brandes was interested in 142,068,693 ordinary shares and 21,672,852
American Depository Receipts in Marks and Spencer p.l.c., which together
represent the equivalent of 272,105,805 ordinary shares - approximately 9.4%
of the issued share capital of the Company.

(ii)     The registered holders of these shares are approximately 490
custodian banks unaffiliated with Brandes.

(iii)     None of the shares are shares in which Brandes is interested by
virtue of section 208(5) of the Act.

Notification is being made to you under section 9.11 of the Listing Rules.




MISS P J BEARD

020 7268 6499