RNS Number:8605O
Management Consulting Group PLC
20 August 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     MANAGEMENT CONSULTING GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

      UBS GLOBAL ASSET MANAGEMENT LIFE LIMITED

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 IN 2 ABOVE

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

      PHILDREW NOMINEES LIMITED A/C LF09      469,725
      PHILDREW NOMINEES LIMITED A/C LF20    9,149,077  

5)   Number of shares/amount of stock acquired.

      NOT DISCLOSED

6)   ( NOT DISCLOSED) of issued Class

7)   Number of shares/amount of stock disposed

      NOT DISCLOSED

8)   ( NOT DISCLOSED) of issued Class

9)   Class of security

       ORDINARY SHARES OF 25P EACH

10)  Date of transaction

       NOT DISCLOSED

11)  Date company informed

       19 AUGUST 203

12)  Total holding following this notification

        9,618,802
               
13)  Total percentage holding of issued class following this notification

        5.09%

14)  Any additional information

        NONE

15)  Name of contact and telephone number for queries

        KARIN MCLEAN - 020 7832 3600

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

     Date of Notification 20 AUGUST 2003




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