RNS Number:2424U
Signet Group PLC
14 January 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company

    SIGNET GROUP plc


    2) Name of shareholder having a major interest

    HBOS plc and some of its subsidiaries


    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

    PLEASE SEE LETTER BELOW


    5) Number of shares/amount of stock acquired

    Not stated


    6) Percentage of issued class

    N/A


    7) Number of shares/amount of stock disposed

    N/A


    8) Percentage of issued class

    N/A


    9) Class of security

    0.5P ORDINARY SHARES


    10) Date of transaction

    NOT STATED


    11) Date company informed

    13 January 2004


    12) Total holding following this notification

    51,852,525


    13) Total percentage holding of issued class following this notification

    3.007%


    14) Any additional information

    -


    15) Name of contact and telephone number for queries

    ANNE KEATES

    0870 909 0301


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

    Date of notification ..14 January 2004..



        LETTER FROM HBOS plc

Section 198 disclosure by HBOS plc on its own behalf and on behalf of those of
its subsidiaries which hold a material interest in Ord 5p shares comprising part
of the relevant share capital of Signet Group plc ("the Company").

Pursuant to Section 198 of the Act, we hereby give the Company notice that we
had an interest (for the purposes of Sections 208 and 209 of the Act) in the
following shares comprising part of the relevant share capital (as defined in
the section 198 of the Act) of the Company immediately after such time as our
obligation to make this notification arose :-
                                                                                    Number of       Percentage
Registered Holder:                                              Fund:              Shares Held:     Holding

HSDL Nominees Limited                                            N/A                         22     0.000%

Morgan Nominees Ltd                                             HPFO                     63,980     0.004%

Morgan Nominees Ltd                                             HXPEN                    76,057     0.004%

Morgan Nominees Ltd                                             HPBA                     78,656     0.006%

HSBC Global Custody Nominees (UK) Ltd a/c 823733              SJP RF92                  171,678     0.010%

HSBC Global Custody Nominees (UK) Ltd a/c 823721              SJP RF83                  174,326     0.010%

Morgan Nominees Ltd                                             HXLFE                 1,191,562     0.069%

Morgan Nominees Ltd                                             HLBA                  1,439,611     0.083%

Morgan Nominees Ltd                                             HLFO                  1,621,232     0.094%

HSBC Global Custody Nominees (UK) Ltd                         SJP RF65                1,782,500     0.102%

HSBC Global Custody Nominees (UK) Ltd a/c 823587              SJP RF91                2,110,701     0.122%

Chase Nominees a/c CMIG                                         1105                  2,600,001     0.151%

HSBC Global Custody Nominees (UK) Ltd a/c 823575              SJP RF82                2,956,949     0.171%

HSBC Global Custody Nominees (UK) Ltd a/c 823666              SJP RF54                4,078,000     0.236%

Chase Nominees Ltd                                               WP                   4,921,812     0.285%

HSBC Global Custody Nominees (UK) Ltd a/c 823496              SJP RF79                5,147,755     0.299%

HSBC Global Custody Nominees (UK) Ltd a/c 823654              SJP RF55                6,700,000     0.389%

Chase Nominees a/c CMIG                                         2304                  6,855,221     0.398%

Chase Nominees a/c CMIG                                         2314                  9,902,462     0.574%

Aggregate material Holding of HBOS Group                                             51,852,525     3.007%




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