Holding(s) in Company

Christian Salvesen

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

All relevant boxes should be completed in block capital letters.

1. Name of company: 2. Name of Shareholder having a major interest:

CHRISTIAN SALVESEN PLC GLOBAL ASSET MANAGEMENT LIMITED
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3. Please state whether notification 4. Name of the registered holder(s) and, if more
indicates that it is in respect of than one holder, the number of shares held by
holding of the shareholder named in 2 each of them (if notified):
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 or in respect of an non-beneficial GLOBAL ASSET MANAGEMENT LIMITED
interest:

AS ABOVE

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5. Number of shares/amount 6. Percentage of 7. Number of 8. Percentage of issued
of stock acquired: issued class: shares/amount of class:
stock disposed:
15,798,500 5.965%
5.965%

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9. Class of security: 10 Date of 11. Date Company 12. Total holding following
transaction: informed: this Notification:

ORDINARY 6/10/04 7/10/04 15,798,500

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13. Total percentage 14. Any additional 15. Name of contact and 16. Name of official
holding of information: telephone number responsible for making
Issued class following for queries: notification:
this notification:
EHD Peppiatt EHD Peppiatt
(01604)662 600 Company Secretary
5.965%

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Date of notification:

7 October 2004
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Christian Salvesen (LSE:SVC)
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