Holding(s) in Company

Smith (DS) PLC
10 March 2004


DS Smith Plc (the 'Company')

The Company received notification on 10 March 2004 that, as a result of share
sales on 8 March 2004, Morley Fund Management Limited (a subsidiary of Aviva plc
- (formerly CGNU plc)) no longer have a notifiable interest in the ordinary
shares of the Company.

Carolyn Cattermole - Company Secretary

10 March 2004

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