RNS Number:3441U
Signet Group PLC
16 January 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


    Name of company

    SIGNET GROUP plc

    2) Name of shareholder having a major interest

    HBOS plc AND 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

    N/A

    6) Percentage of issued class

    N/A

    7) Number of shares/amount of stock disposed

    NOT STATED

    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


    15 JANUARY 2004

    12) Total holding following this notification

    NOT STATED

    13) Total percentage holding of issued class following this notification

    N/A

    14) Any additional information

    PLEASE SEE LETTER BELOW

    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 ..16 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 Ordinary 0.5p 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 no longer have a material interest (for the purposes of Sections 208 and
    209 of the Act) in the Ordinary 0.5p 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.




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