Holding in Company

Speedy Hire PLC
8 November 2001


Letter to Speedy Hire Plc
Dated 7 November 2001

In accordance with Sections 198-202 of the Companies Act 1985, we write on 
behalf of Deutsche Bank AG, to inform you that, on the basis that the relevant 
issued share capital of your company is 42,538,835 ordinary shares, Deutsche 
Bank AG and its subsidiary companies have a notifiable interest in the shares of
10.63%. The total interest is in 4,521,947 shares registered in the names and in
the amounts as set out in the Schedule below.

Companies within the Group acting as Fund Managers hold some of the shares on 
behalf of a number of clients whose portfolios are managed an a discretionary 
basis.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany, of which 
Deutsche Bank AG London is a branch.

If you require any further information concerning this notification please 
contact Cheryl Slater or David Lindsay in the London Compliance Department of 
Deutsche Bank AG.

SCHEDULE

                                SPEEDY HIRE PLC
                            ORDINARY £0.05 SHARES

Registered Holders                              No. of Shares

Morgan Nominees Limited                             1,250,670

Morgan Nominees D131                                2,710,281

HSBC Global Custody Nominees (UK) Limited             109,600

RBSTB Nominees                                        451,396

TOTAL                                               4,521,947

Letter from Deutsche Bank AG London