Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Inchcape plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

No

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

No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No

An event changing the breakdown of voting rights

No

Other (please specify):

See additional information below

Yes

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

F&C Asset Management plc

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

See box 9 below

5. Date of the transaction and date on which the threshold is crossed or reached:

N/A (see additional information below)

6. Date on which issuer notified:

24 September 2010

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

5%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

ISIN GB00B61TVQ02 ord as at 23/09/10

n/a

n/a

23,017,480

-

23,017,480

-

5.00%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

Contract for Difference

-

-

-

165,770

Nominal

Delta

 0.04%

 1.00

Total (A+B+C)

Number of voting rights

Percentage of voting rights

23,183,250 as at 23/09/10

5.04%

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

Proxy Voting:

10. Name of proxy holder:

F&C Asset Management plc

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:

The disclosure made on 9 July 2009 outlining that F&C's aggregate position fell below 5% was incorrect due to a system error. As of 23 September 2010 F&C's aggregate holding is 5.04%.

14 Contact name:

Marrack Tonkin, Company Secretary,

F&C Asset Management plc

15. Contact telephone name:

0131 718 1247

Annex: Notification of major interests in shares

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

Full name

(including legal form of legal entities)

Inchcape plc

Contact address

(registered office for legal entities)

Registered office:

22a St James's Square, London SW1Y 5LP

Phone number & email

Tel: +44 (0) 20 7546 0022 Fax: +44 (0) 20 7546 0010 Email: [email protected]

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Marrack Tonkin, F&C Asset Management plc

Contact address

80 George Street, Edinburgh EH2 3BU

Phone number & email

0131 718 1247

[email protected]

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information