Press releases

19 August 2004

Schedule 10 Notification Of Major Interests In Shares

AVS NO

522409

All relevant boxes should be completed in block capital letters.

Name of company	Marks and Spencer Group plc

Name of shareholder having a major interest	UBS Investment Bank (“UBS-IB”)

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 2 above

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

5. Number of shares/amount of stock acquired	16,146,961

6. Percentage of issued class	0.7%

7. Number of shares/amount of stock disposed	N/A

8. Percentage of issued class	N/A

9. Class of security	Ordinary Shares of 25p each

10. Date of transaction	Not informed

11. Date company informed	18 August 2004

12. Total holding following this notification	169,746,632

13. Total percentage holding of issued class following this notification	7.45%

14. Any additional information	These interests are held by UBS-IB as beneficial owner in the ordinary course of its trading activities and include 54,183,639 Ordinary shares (2.34%) held for hedging purposes in relation to contracts for difference entered into with clients.

15. Name of contact and telephone number for queries

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

17. Date of notification	19 August 2004