Holding in Company

Wincanton PLC
25 May 2001



LETTER TO WINCANTON PLC

Companies Act 1985 (as amended): 
Disclosure of Interests in Shares

In accordance with Part VI of the Companies Act 1985 (as amended) (the 'Act'),
we write to inform you that Prudential plc and certain of its subsidiary
companies have a notifiable interest in the issued share capital of your company
as detailed in the schedule below.

For the purposes of s210 of the Act, the address for those companies identified
in the schedule below is Laurence Pountney Hill London EC4R 0HH

FROM M&G INVESTMENT MANAGEMENT LIMITED ON BEHALF OF PRUDENTIAL PLC

Notifiable Position Report for WINCANTON ORD GBP0.10 as at 18 May 2001

Percentage holdings are calculated using an issued share capital of 114,740,877
ORD GBP 0.10 Shares

               Registered Holder                Holding    %
Prudential Plc                               11,489,286  10.01  Total Notifiable

                                                                Interest        

               CHASE NOMS LT A/C 14914          506,973
               CHASE NOMS LTD                    30,000
               CHASE NOMS LTD A/C 14915          96,500
               CLYDESDALE BK (H.OFF) NOMS LTD   704,862
               CLYDESDALE BK NOMS LTD CHA     1,766,588
               CLYDESDALE BK NOMS LTD ITRT      625,000
               CLYDESDALE BK NOMS LTD MGG     2,125,000
               CLYDESDALE BK NOMS LTD MGI       250,000
               CLYDESDALE BK NOMS LTD MGT         7,300
               CLYDESDALE BK NOMS LTD RIT       500,000
               MAGIM HSBC GIS NOM(UK) SALI       64,000
               PRUCLT HSBC GIS NOM(UK) PAC AC 3,273,270
               PRUCLT HSBC GIS NOM(UK) PHL AC   143,378
               PRUCLT HSBC GIS NOM(UK) PPL AC 1,193,415
               RBS NORTRUST NOMS LTD (SAM)        3,000
               ROY NOMINEES 578079              200,000 


 
               Registered Holder                Holding    %
M&G Group 
 Limited                                     11,489,286  10.01  Total Notifiable

                                                                Interest        

               CHASE NOMS LT A/C 14914          506,973
               CHASE NOMS LTD                    30,000
               CHASE NOMS LTD A/C 14915          96,500
               CLYDESDALE BK (H.OFF) NOMS LTD   704,862
               CLYDESDALE BK NOMS LTD CHA     1,766,588
               CLYDESDALE BK NOMS LTD ITRT      625,000
               CLYDESDALE BK NOMS LTD MGG     2,125,000
               CLYDESDALE BK NOMS LTD MGI       250,000
               CLYDESDALE BK NOMS LTD MGT         7,300
               CLYDESDALE BK NOMS LTD RIT       500,000
               MAGIM HSBC GIS NOM(UK) SALI       64,000
               PRUCLT HSBC GIS NOM(UK) PAC AC 3,273,270
               PRUCLT HSBC GIS NOM(UK) PHL AC   143,378
               PRUCLT HSBC GIS NOM(UK) PPL AC 1,193,415
               RBS NORTRUST NOMS LTD (SAM)        3,000
               ROY NOMINEES 578079              200,000 


               Registered Holder                Holding    %
M&G Investment                               11,481,986  10.00  Total Notifiable

Management Ltd                                                  Interest        

               CHASE NOMS LT A/C 14914          506,973
               CHASE NOMS LTD                    30,000
               CHASE NOMS LTD A/C 14915          96,500
               CLYDESDALE BK (H.OFF) NOMS LTD   704,862
               CLYDESDALE BK NOMS LTD CHA     1,766,588
               CLYDESDALE BK NOMS LTD ITRT      625,000
               CLYDESDALE BK NOMS LTD MGG     2,125,000
               CLYDESDALE BK NOMS LTD MGI       250,000
               CLYDESDALE BK NOMS LTD RIT       500,000
               MAGIM HSBC GIS NOM(UK) SALI       64,000
               PRUCLT HSBC GIS NOM(UK) PAC AC 3,273,270
               PRUCLT HSBC GIS NOM(UK) PHL AC   143,378
               PRUCLT HSBC GIS NOM(UK) PPL AC 1,193,415
               RBS NORTRUST NOMS LTD (SAM)        3,000
               ROY NOMINEES 578079              200,000 




               Registered Holder                Holding    %
M&G Limited                                  11,489,286  10.01  Total Notifiable

                                                                Interest        

               CHASE NOMS LT A/C 14914          506,973
               CHASE NOMS LTD                    30,000
               CHASE NOMS LTD A/C 14915          96,500
               CLYDESDALE BK (H.OFF) NOMS LTD   704,862
               CLYDESDALE BK NOMS LTD CHA     1,766,588
               CLYDESDALE BK NOMS LTD ITRT      625,000
               CLYDESDALE BK NOMS LTD MGG     2,125,000
               CLYDESDALE BK NOMS LTD MGI       250,000
               CLYDESDALE BK NOMS LTD MGT         7,300
               CLYDESDALE BK NOMS LTD RIT       500,000
               MAGIM HSBC GIS NOM(UK) SALI       64,000
               PRUCLT HSBC GIS NOM(UK) PAC AC 3,273,270
               PRUCLT HSBC GIS NOM(UK) PHL AC   143,378
               PRUCLT HSBC GIS NOM(UK) PPL AC 1,193,415
               RBS NORTRUST NOMS LTD (SAM)        3,000
               ROY NOMINEES 578079              200,000 


The Prudential 
Assurance Company Limited                     4,530,685   3.94
               MAGIM HSBC GIS NOM(UK) SALI       64,000
               PRUCLT HSBC GIS NOM(UK) PAC AC 3,273,270
               PRUCLT HSBC GIS NOM(UK) PPL AC 1,193,415