RNS Number:0140N
SMG PLC
01 July 2003


                                                      SCHEDULE 10

                                       NOTIFICATION OF MAJOR INTERESTS IN SHARES
1)        Name of Company
          SMG plc

2)        Name of shareholder having a major interest
          Fidelity Investments

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
          Non-Beneficial

4)        Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them.
          Fidelity Management & Research Company (FMRCO)
          HSBC                                                  750,000
          Chase Nominees Ltd                                    8,116,494
          State Street Nominees Ltd                             602,557
          Fidelity Management Trust Company (FMTC)
          State Street Bank & Trust                             199,600
          Fidelity Investment Services Ltd (FISL)
          Chase Nominees Ltd                                    4,053,904
          Chase Manhattan Bank London                           7,268,494
          Fidelity Pension Management (FPM)
          Bank of New York London                               895,780
          Northern Trust                                        207,700
          Deutsche Bank                                         34,200
          Citibank                                              126,800
          HSBC                                                  24,600
          Fidelity International Ltd (FIL)
          Chase Manhattan Bank London                           518,148
          Chase Nominees Limited                                69,600
          Northern Trust                                        1,060,500
          Deutsche Bank                                         93,700
          Citibank                                              43,900
          Bank of New York London                               288,400
          JP Morgan                                             77,300
          State Street Nominees Limited                         49,200
          Bank of New York Brussels                             84,200
          Nortrust Nominees Limited                             110,700
          Morgan Stanley                                        66,000
          State Street Bank & Trust                             25,000

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
          582,659

8)        Percentage of issued class
          0.185%

9)        Class of security
          Ordinary Shares of 2.5p

10)       Date of transaction
          26 June 2003

11)       Date company informed
          30 June 2003

12)       Total holding following this notification
          24,766,777

13)       Total percentage holding of issued class following this notification
          7.88%

14)       Any additional information
          These notifications of disclosable interests constitute separate notifications of interest in the shares and
          are combined for the purposes of clarity. Nothing herein should be taken to indicate that FMR Corp and its
          direct and indirect subsidiaries, Fidelity International Limited and its direct and indirect subsidiaries or
          Mr Edward C Johnson 3d act as a group or in concert in respect of the disclosed interests, or that they are
          required to submit these notifications on a joint basis. The disclosable interests arise under Section 208(4)
          (b) of the Act, namely where a person, not being the registered holder, is entitled to exercise a right
          conferred by the holding of the shares or to control the exercise of such rights, or under Section 203 of the
          Act respectively.

15)       Name of contact and telephone number for queries
          Callum Spreng - Tel No: 0141 300 3640

16)       Name and signature of authorised company official responsible for making this notification
          Sara Clarke - Company Secretary
          1 July 2003






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