Exhibit 1.2 WOLSELEY PLC - SUBSTANTIAL SHAREHOLDINGS 24 June 2002 Wolseley plc hereby notifies that on 20 June 2002 it received notification from Barclays plc that Barclay's interest in Wolseley plc ordinary 25p shares stood at 3.04% (17,592,894 shares), identified as follows: - -------------------------------------------------------------------------------- No. of shares Nominee Name - -------------------------------------------------------------------------------- 358,059 Barclays Capital Securities Ltd - -------------------------------------------------------------------------------- 267,660 Barclays Private Bank Ltd - -------------------------------------------------------------------------------- 7,252 Barclays Bank Trust Company Ltd - -------------------------------------------------------------------------------- 991,086 Barclays Life Assurance Co Ltd - -------------------------------------------------------------------------------- 161,720 Barclays Global Fund Advisors - -------------------------------------------------------------------------------- 185,995 Barclays Nikko Global Investors NA - -------------------------------------------------------------------------------- 6,909,902 Barclays Global Investors NA - -------------------------------------------------------------------------------- 8,355,189 Barclays Global Investors Ltd - -------------------------------------------------------------------------------- 356,031 Barclays Global Investors Japan Trust - -------------------------------------------------------------------------------- For and on behalf of Wolseley plc Edward Parker Assistant Company Secretary