Holding(s) in Company

RNS Number:2375T
Costain Group PLC
19 March 2007



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Costain Group PLC



2. Reason for the notification (please place an X inside the appropriate bracket
/s):



An acquisition or disposal of voting rights: (    )



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (    )



An event changing the breakdown of voting rights: (    )



Other (please specify) : Declaration of major shareholding as per FSA
Transitional Provision 7 ( x )



3. Full name of person(s) subject to the notification obligation (iii):

Mohammed Abdulmohsin Al-Kharafi & Sons WLL



4. Full name of shareholder(s) (if different from 3.) (iv):

N/A



5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

N/A



6. Date on which issuer notified:

(Before 20 March) 2007



7. Threshold(s) that is/are crossed or reached:

22%



8. Notified details:



A: Voting rights attached to shares


Class/type of shares if possible           Situation previous to the Triggering transaction (vi)
using the ISIN CODE
                                  Number of shares                   Number of voting Rights (viii)


GB0002272184                      N/A                                N/A





Resulting situation after the triggering transaction (vii)


Class/type of shares if      Number of shares         Number of voting rights (ix)      % of voting rights
possible using the ISIN CODE
                             Direct                   Direct (x)   Indirect (xi)        Direct      Indirect


                             0                        0            79,168,523           0           22



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.








Total (A+B)
Number of voting rights        % of voting rights


79,168,523                     22



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

Mohammed Abdulmohsin Al-Kharafi & Sons WLL holds 79,168,523 shares in Costain
Group PLC registered in the name of three nominees: 1,500,000 shares are
registered in the name of Rood Nominees, 3,200,000 in the name of Vidacos
Nominees Limited and a further 74,468,523 in the name of NY Nominees Limited



Proxy Voting:



10. Name of the proxy holder:



11. Number of voting rights proxy holder will cease to hold:



12. Date on which proxy holder will cease to hold voting rights:



13. Additional information:



14. Contact name:

Saad Shehata





15. Contact telephone number:

00202 5746681



Annex to Notification Of Major Interests In Shares (xvi)



A: Identity of the person or legal entity subject to the notification obligation



Full name (including legal form for legal entities):

Mohammed Abdulmohsin Al-Kharafi & Sons WLL



Contact address (registered office for legal entities):

P.O. Box 886 - Safat 13009 - Kuwait



Phone number:

+ (965)-481-3622/25



Other useful information (at least legal representative for legal persons):

Attn:- Ahmed Samy - Investment Management

Telephone:- +(965)-483-0025

Telefax:- +(965)-481-4863

Email:- makinvest@makharafi.net






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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