Holding(s) in Company

RNS Number:5472G
Inveresk PLC
23 January 2003

                                  INVERESK PLC

                               HOLDING IN COMPNAY

Inveresk has received notification that AXA S.A. of 25 Avenue Matigon, 75008
Paris and its Group Companies were interested in 1,754,000 ordinary 10p shares
in the 58,821,061 share capital immediately after the time when the obligation
of disclosure arose pursuant to section 198 of the Act. These shares represent a
beneficial interest of 1,575,000 shares (2.93%), and a non-beneficial interest
of 179,000 shares (0.33%).

The identity of each registered holder of the shares to which this notice
relates, so far as known to AXA Investment Managers UK Ltd, as at 20/01/03, is
as set out below:


Name of Company/Fund              Number of Particulars of Beneficial     Registered as
                                     Shares owners

AXA UK Investment Co ICVC           179,000 Trustees of AXA UK investment HSBC Global Custody Nominee (UK) Ltd
                                            co ICVC

UK Smaller Companies Fund                   UK Smaller Companies Fund     Pepys Street
(Non-Benificial)                                                          London EC3N 4DA
                                                                          A/c 844359

Sun Life Pensions Management      1,575,000 Sun Life Pensions Management  Smith & Williamson Nominees Ltd
Ltd                                         Ltd
(Beneficial)                                                              1 Riding House Street
                                                                          London W1A 3AS
                                                                          A/c 966

                                                                                                      Holding as
                                                                                             % of issued capital

Total Benefial Interest                                                      1,575,000                      2.93
Total Non-Beneficial Interest                                                  179,000                      0.33
Total                                                                        1,754,000                     3.26%

This notification of change is due to a decrease in the beneficial interest
holding from 3.30% to 2.93%.

Inveresk has also been informed that following a sale of 650,000 ordinary
shares, Mr David, J. Harrold and his wife no longer have a notifiable interest.

23 January 2002

END


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