Holding(s) in Company

Mears Group PLC
26 January 2005


MEARS GROUP PLC ('the Company')

26 January 2005

HOLDING IN COMPANY

The Company received notification on 25 January 2005 from AEGON Asset Management
UK plc that, following a purchase of 691,101 ordinary shares of 1p each in the
Company ('Shares'), the AEGON UK plc Group of Companies has a notifiable
interest in 2,331,531 Shares, representing approximately 4.03% of the Company's
issued ordinary share capital.

For the purposes of this notification, the AEGON UK plc Group of Companies
means:

Scottish Equitable plc
Scottish Equitable (Managed Funds) Limited
AEGON Fund Management UK Limited
AEGON Investment Management UK Limited
AEGON Asset Management UK plc
Scottish Equitable Trustees Limited
Guardian Assurance plc
Guardian Linked Life Assurance Limited
Guardian Pensions Management Limited
Guardian Unit Managers Limited

END



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