KELDA GROUP PLC: Holding(s) in Company

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                                
                                                                            
Kelda Group plc                      Legal & General Group 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                              
                                                                            
Not disclosed                                                                
4.  Name of the registered holder(s) and, if more than one holder, the           


    number of shares held by each of them                                       
                                                                                
    HSBC Global Custody Nominee (UK) A/C 914945                          143,592
                                                                                
    HSBC Global Custody Nominee (UK) A/C 775245                        1,794,908
                                                                                
    HSBC Global Custody Nominee (UK) A/C 357206                        8,687,572
                                                                                
    HSBC Global Custody Nominee (UK) A/C 866203                          537,300
                                                                                
    HSBC Global Custody Nominee (UK) A/C 904332                           33,000
                                                                                
    HSBC Global Custody Nominee (UK) A/C 916681                           20,600
                                                                                


HSBC Global Custody Nominee (UK) A/C 360509                          483,074 
5. Number of      6. Percentage of  7. Number of shares 8. Percentage of       
shares/amount     issued class      /amount of stock    issued class        
of stock                            disposed                                
acquired                                                                    
                                                                           
48,591            Not disclosed     Not disclosed       Not disclosed       
9. Class of security               10. Date of           11. Date company       
                                   transaction           informed           
                                                                            
Ordinary Shares of 15 5/9 pence     19th November         20th November 2003 
                                   2003                                     
12. Total holding following this     13. Total percentage holding of issued     


    notification                         class following this notification     
                                                                               


11,700,046                           3.00%                                  
14. Any additional information       15. Name of contact and telephone number   


                                         for queries                           
                                                                               


                                     Stuart McFarlane- 01274 804159         
16. Name and signature of authorised company official responsible for making    


    this notification                                                          
                                                                               
    Lesley Bryenton                                                            


                                                                           
Date of notification 20th November 2003                                          
 
END 
-0- Nov/20/2003 17:10 GMT
 
 
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