Forward looking and dedication will make "Jarvis" a name to remember. IMO

up 12%. Recovery play for 2005

Jarvis PLC
04 January 2005


SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Jarvis plc

2. Name of shareholder having a major interest

Legal & General Group PLC and/or 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

Not disclosed

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

Not disclosed

5. Number of shares / amount of stock acquired

N/A

6. Percentage of issued class

N/A

7. Number of shares / amount of stock disposed

Not disclosed

8. Percentage of issued class

Not disclosed

9. Class of security

Ordinary 5p

10. Date of transaction

Not disclosed

11. Date company informed

30 December 2004

12. Total holding following this notification

Not disclosed

13. Total percentage holding of issued class following this notification

Not disclosed

14. Any additional information

The Legal & General Group PLC and/or its subsidiaries no longer have a
disclosable interest.

15. Name of contact and telephone number for queries

M L Mellor 020 7017 8140

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

M L Mellor

Date of notification

04 January 2005

i see they lost faith then!

that's it...time to get out

why?

im going 2wait till 10th i still got faith and i lost learly half my dosh already but im gona stay in

still holding also. the rumour mill will begin to turn soon im sure.

already lost 4k, will be a really surprise if it goes up to 35p again. ..already lost faith

not far behind you but it aint worth cashing in now IMO just incase

babykitcat I agree it all depends on the vibes on the day (EGM).

Independent dated 06/01/05

* Alan Lovell, Jarviss new chief executive, reckons that Jarvis can escape its fate and be rescued. At Costain he found a buyer to put up new equity, maybe he can find one for Jarvis too

quids in if he does

i see some people do have faith in the old girl yet

news snippets rather than just up 10%etc cheers...

Jarvis has a strong future, we will be looking around 2 a share by end of this year.

I wish. personally don't see it happening but u never know.

Rerated by IC mag to "Fairly priced".


Jarvis tried to use these results, issued between Christmas and New Year, to draw a line under its annus horribilis. With 240m of write-offs (mainly from goodwill) contained within them, they make ugly reading. But Jarvis says that they represent "the nadir" of its fortunes.

Alan Lovell, the chief executive, has been busy since his arrival in October. He has raised money by selling Jarvis's stake in the Tubelines joint venture. Refinancing has also been agreed with its bankers, and bankruptcy has been avoided by a whisker. These new finances will give the group 15 more months of breathing space. By then, Jarvis hopes to have exited all of its loss-making construction contracts, stripped 50m out of its cost base, and focused itself on running a more stable business in roads, rail and plant operations. Even in these remaining businesses, though, all is not well. The roads division, for example, has encountered unfavourable operating conditions.

Tackling Jarvis's problems has meant a 32m restructuring and refinancing cost (including professional fees). But the City doesn't seem to mind, and even breathed a sigh of relief in the belief that the worst is over - the shares rose 58 per cent on the day of the announcement.

today should be interesting as we have then AGM on monday and as for what will happen on monday who knows

OH DEAR it seems we are stuck in a lift (GOING DOWN SIR)

Hopefuly the engineer will soon be out to fix it so we can start going back upto the top floor!!