Holding(s) in Company

SMG PLC
23 September 2005


SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)    Name of Company

      SMG plc

2)    Name of shareholder having a major interest

      Fidelity Investments

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

      Non-Beneficial

4)    Name of the registered holder(s) and, if more than one holder, the number 
     of shares held by each of them.

      Fidelity Gestion (FIGEST)

      BNP Paribas, Paris                     971,200

      Fidelity Investments International (FII)

      JP Morgan, Bournemouth               1,657,013

      Fidelity International Ltd (FIL)
  
      Brown Bros Harrimn Ltd Lux           4,605,600

      Fidelity Investment Services Ltd (FISL)

      JP Morgan, Bournemouth              28,063,287

      Fidelity Pension Management (FPM)

      Bank of New York Brussels              163,500
      HSBC Bank Plc                          682,500
      JP Morgan, Bournemouth               1,805,818
      Northern Trust London                1,499,764
      State Str Bk and Tr Co Ldnd          2,434,900

5)    Number of shares/amount of stock acquired

      4,099,011

6)    Percentage of issued class
 
      1.30%

7)    Number of shares/amount of stock disposed

      N/A

8)    Percentage of issued class

      N/A

9)    Class of security

      Ordinary Shares of 2.5p

10)   Date of transaction

      22 September 2005

11)   Date company informed

      23 September 2005

12)   Total holding following this notification

      41,883,582

13)   Total percentage holding of issued class following this notification

      13.32%

14)   Any additional information

      These notifications of disclosable interests constitute separate
      notifications of interest in the shares and are combined for the purposes
      of clarity. Nothing herein should be taken to indicate that FMR Corp and
      its direct and indirect subsidiaries, Fidelity International Limited and
      its direct and indirect subsidiaries or MrEdward C Johnson 3d act as a
      group or in concert in respect of the disclosed interests, or that they
      are required to submit these notifications on a joint basis. The
      disclosable interests arise under Section 208(4)(b) of the Act, namely
      where a person, not being the registered holder, is entitled to exercise
      a right conferred by the holding of the shares or to control the exercise
      of such rights, or under Section 203 of the Act respectively.

15)   Name of contact and telephone number for queries

      Callum Spreng - Tel No: 0141 300 3640

16)   Name and signature of authorised company official responsible for making
      this notification

      Sara Clark, Company Secretary
      23 September 2005







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