Holding(s) in Company

Shanks Group PLC 05 August 2003 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Shanks Group plc 2) Name of shareholder having a major interest Scottish Widows Investment Partnership Ltd. 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 On behalf of Lloyds TSB Group plc, Lloyds TSB Bank plc and Scottish Widows Group Ltd which are all companies within the Lloyds TSB Group of Companies 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them State Street Nominees Ltd A/C XBY2 1,726,348 State Street Nominees Ltd A/C W32L 381,309 State Street Nominees Ltd A/C W33H 1,198,241 State Street Nominees Ltd A/C XBJ2 1,368,749 State Street Nominees Ltd A/C W318 27,521 State Street Nominees Ltd A/C XBY4 886,163 State Street Nominees Ltd A/C XBK6 872,998 State Street Nominees Ltd A/C W39N 299,547 State Street Nominees Ltd A/C W39F 3,928,234 TOTAL 10,689,110 4.57% 5) Number of shares/amount of stock HELD 6) Percentage of issued class 4.57% 7) Number of shares/amount of stock disposed N/A 8) Percentage of issued class N/A 9) Class of security Ordinary 10p Shares 10) Date of transaction N/A 11) Date company informed 5 August 2003 12) Total holding following this notification 10,689,110 13) Total percentage holding of issued class following this notification 4.57% 14) Any additional information 15) Name of contact and telephone number for queries P Kaye 01628 524523 16) Name and signature of authorised company official responsible for making this notification P Kaye Date of notification 5 August 2003 This information is provided by RNS The company news service from the London Stock Exchange

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