RNS Number:5852U
SHL Group PLC
23 January 2004


                                  SCHEDULE 10
 
                    NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     SHL GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     THE ROYAL BANK OF SCOTLAND GROUP PLC


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

     AS 2 ABOVE


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

     THE ROYAL BANK OF SCOTLAND PLC          3,456,186
     BNY (OCS) NOMINEES LTD A/C RBS             98,109


5)   Number of shares/amount of stock acquired.

     98,109


6)   Percentage of issued Class

     0.178%


7)   Number of shares/amount of stock disposed


     

8)   Percentage of issued Class




9)   Class of security

     10P ORDINARY SHARES


10)  Date of transaction




11)  Date company informed

     14 JANUARY 2004


12)  Total holding following this notification

     3,554,295
     
          
13)  Total percentage holding of issued class following this notification

     6.458%


14)  Any additional information

     NOTIFICATION OF CHANGE OF INVESTMENT MANAGER FOR PART HOLDING


15)  Name of contact and telephone number for queries

     D PRICE  020 8335 8191 

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

     Date of Notification      23 JANUARY 2004



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

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