Holding(s) in Company

RNS Number:9695R
Marlborough Stirling PLC
12 November 2003



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

Marlborough Stirling plc


2. Name of shareholder having a major interest

Schroder Investment Management Limited


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

In respect of shareholder named in 2 above


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

Schroder Unit Trusts Limited 6,009,503
Schroder Nominees Limited 1,162,500
Schroder Investment Management North American Inc 789,109
British Coal Staff Superannuation a/c: P 6,528,871
Imperial Pensions Nominees Limited 2,912,500
Mineworkers' Pension Scheme a/c: R 6,452,388
Chase Nominees Limited 904,209
Chase Manhattan Bank 25,555



5. Number of shares / amount of stock acquired

N/A


6. Percentage of issued class

N/A


7. Number of shares / amount of stock disposed

N/A


8. Percentage of issued class

N/A


9. Class of security

Ordinary Shares of 1p each


10. Date of transaction

11/11/2003


11. Date company informed

11/11/2003


12. Total holding following this notification

                                                                    24,784,635


13. Total percentage holding of issued class following this notification

                                                                        10.977%


14. Any additional information

None


15. Name of contact and telephone number for queries

Julie Nevin, Company Secretarial Assistant - 01242 547568


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

Andrew Fritchie, Company Secretary


Date of notification

12/11/2003


The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.





In accordance with S134 of the Companies Act 1989, we write to inform you of the
following notifiable interests in Marlborough Stirling plc (letter follows).


Marlborough Stirling plc were notified of this change on:       11 November 2003


Marlborough Stirling plc's current number of share in issue is: 225,782,351


Letter from Schroder Investment Management Limited


NOTIFICATIONS UNDER SECTIONS 198 TO 202 - UK COMPANIES ACT


1.            Company in which shares are held:            Marlborough Stirling
plc


2.            Notifiable Interest:                               Ordinary shares
of 1p each


Schroder Investment Management Limited have an interest in 23,995,526 shares
which are held in portfolios managed by them on a discretionary basis for
clients under investment management agreements.


Included in the holdings figure are:-


(i)                  6,009,503 shares held in (a) unit trust(s) operated and
managed by an affiliated company, Schroder Unit Trusts Limited (SUTL), and
registered or to be registered in the name of Chase Nominees Limited ; and

(ii)                 16,823,523 shares neither registered nor to be registered
in the name of Schroder Nominees Limited. The registration details are shown on
the enclosed schedule.

(iii)               1,162,500 shares registered in the name of their
wholly-owned subsidiary nominee company, Schroder Nominees Limited (Schroder
Nominees).


An affiliated company, Schroder Investment Management North America Inc (SIMNA
Inc), is managing (a) portfolio(s) on a similar basis holding a further 789,109
shares. These shares are registered or to be registered in the name of Chase
Nominees Limited.


Schroder Investment Management Limited (SIML) and its subsidiary and affiliated
company are therefore interested in an overall aggregate 24,784,635 shares,
representing some 10.977% of the total number of shares in issue, namely
225,782,351.


The notification is made to Marlborough Stirling plc:-


(a)     in respect of SIML interest as investment managers;


(b)     on behalf of SIMNA Inc, and SUTL 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, SIML's holding company, which is treated as
having an interest in all of the above shares under the Act by virtue of its
ownership of SIMNA Inc, SUTL and SIML.



SCHEDULE





Security: Marlborough Stirling plc



Registration                                          Amount
----------------------                                --------------------

British Coal Staff Superannuation a/c: P                             6,528,871
Imperial Pensions Nominees Limited                                   2,912,500
Mineworkers' Pension Scheme a/c: R                                   6,452,388
Chase Nominees Limited                                                 904,209
Chase Manhattan Bank                                                    25,555

                                              TOTAL                 16,823,523
                               ----------------------       --------------------








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