Holding in Company

Weir Group PLC
7 February 2001


LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

We confirm having today received notification from Prudential plc in terms of
the Companies Act 1985 that the following companies no longer have a notifiable
interest in the issued share capital of the company:-

M & G Group Limited
M & G Investment Management Limited
M & G Limited

Details of the companies which continue to have notifiable interests are set out
in the schedule below.

LETTER FROM: THE WEIR GROUP PLC


             Notifiable Position Report for WEIR GROUP ORD GBP0.125
                              as at 06 February 2001

Percentage holdings are calculated using an issued share capital of 200,860,877
ORD GBP0.125 shares
                                                                    Total
                                                                    Notifiable 
              Registered Holder               Holding      %        Interest
Prudential 
plc                                           20,220,702   10.06
              CLYDESDALE BK NOMS LTD MGO       7,150,000
              CLYDESDALE BK NOMS LTD MGT          15,300
              PRUCLT HSBC GIS NOM(UK) PAC AC  12,813,902
              RBSTB NOMINEES LIMITED             241,500


The Prudential                                12,813,902   6.37
Assurance Company 
Limited 
              PRUCLT HSBC GIS NOM(UK) PAC AC  12,813,902