Holding in Company

Weir Group PLC 5 July 2001 LETTER TO: THE WEIR GROUP PLC LETTER DATED 3 JULY 2001 12.5p ORDINARY SHARES ('SHARES') We write to advise you that we, Schroder Investment Management Limited, have an interest in 22,999,211 shares which are held in portfolios managed by us on a discretionary basis for clients under investment management agreements. Included in this figure are:- (i) 12,222,850 shares registered or to be registered in the name of our wholly-owned subsidiary nominee company, Schroder Nominees Limited (Schroder Nominees), (ii) 518,740 shares held in (a) unit trust(s) operated and managed by another wholly-owned subsidiary, Schroder Unit Trusts Limited (SUTL), and registered or to be registered in the name of Chase Nominees Limited (iii) 10,257,621 shares neither registered nor to be registered in the name of Schroder Nominees or Chase Nominees Limited. The registration details are shown in the schedule below. An affiliated company, Schroder Hermes, is managing 274,597 shares in (a) portfolio(s) on a passive (index tracker) basis for clients under investment management agreements. These shares are registered or to be registered in the name of Chase Nominees Limited. We believe that we and our subsidiary and affiliated companies are therefore interested in an overall aggregate of 23,273,808 shares, representing some 11.586% of the total number of shares in issue, namely 200,885,877 shares. This notification is made to you:- (a) in respect of our interest as investment managers and also by virtue of the fact that we are the parent company of SUTL. (b) on behalf of SUTL and Schroder Hermes in relation to the interests they are treated as having respectively under the Companies Act 1985 (the Act), and (c) on behalf of Schroders plc., our holding company, which is treated as having an interest in all of the above shares under the Act by virtue of its ownership of ourselves. FROM: SCHRODERS INVESTMENT MANAGEMENT LIMITED THE WEIR GROUP PLC 12.5p ORDINARY SHARES REGISTRATION AMOUNT Bank of England Nominees Limited 5,500 Bank of New York 100,000 Bath Street Nominees Limited 20,000 British Coal Staff Superannuation Scheme (Client) Nominees 1,453,900 Limited P a/c BT Globenet Nominees Limited a/c: 6B 500,000 MSS Nominees Limited a/c: 767412 75,000 Chase Nominees Limited 2,617,579 Chase Nominees Limited a/c: F02391 883,819 Mineworkers Pension Scheme (Client) Nominees Ltd R a/c 641,100 MSS Nominees Limited a/c: 756593 224,473 MSS Nominees Limited a/c: 831286 1,022,983 MSS Nominees Limited a/c: 809797 170,971 Nortrust Nominees Limited 1,185,441 Nutraco Nominees Limited 201,714 RBSTB Nominees Limited 52,300 RBSTB Nominees Limited a/c: AAUKPS 82,500 RBSTB Nominees Limited a/c: ESPSBEB 121,627 Strand Nominees Limited a/c: EDIC 3,000 Nortrust Nominees Ltd a/c: SRC13 35,000 MSS Nominees Ltd a/c: 766653 375,214 MSS Nominees Ltd a/c: 809955 221,000 Morgan Nominees a/c: B 220,500 Royal Bank of Scotland 44,000 10,257,621

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Weir Group (WEIR)
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