NU. Nufcor

RNS Number:7256D
Shanks Group PLC
13 January 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     SHANKS GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     NORWICH UNION 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

     ON BEHALF OF NORWICH UNION PLC (AS ULTIMATE HOLDING COMPANY)


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

     NU LIFE & PENSIONS B A/C           4,081,551
     NU INSURANCE INVEST. LTD             148,000
     NU PENSIONS MGT SC A/C               736,185
     LONDON & EDINBURGH                     8,235
     INSURANCE CO LTD          
                                        4,973,971

5)   Number of shares held.

     4,973,971


6)   ( 2.36%) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 10P


10)  Date of transaction

     11/1/2000


11)  Date company informed

     13/1/2000


12)  Total holding following this notification

     4,973,971

               
              
13)  Total percentage holding of issued class following this notification

     2.36%


14)  Any additional information

     FOLLOWING SALES ON 11/1/2000 NU HOLDING FALLEN BELOW 3% THRESHOLD


15)  Name of contact and telephone number for queries


     P KAYE
     SECRETARY
     01628 524523

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

     Date of Notification .....13/1/2000...................


END
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