Rentokil Initial plc/Raphoe Management Limited

Raphoe  Management
                  

                         Rentokil Initial plc

                       Raphoe Management Limited

7 September 2005

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM AUSTRALIA, CANADA,
JAPAN OR THE UNITED STATES

Raphoe Management Limited ("Raphoe")

Raphoe has noted comment in the press that Gerry
Robinson has not provided detailed information as regards his proposals for
Rentokil Initial plc ("Rentokil").

Raphoe has considered it premature to provide details whilst continuing to take
soundings from certain shareholders.

Raphoe now anticipates announcing further information in respect of its
proposals tomorrow, Thursday 8 September 2005.

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the City Code, any person who, alone or
acting together with any other person(s) pursuant to an agreement or
understanding (whether formal or informal) to acquire or control relevant
securities of Rentokil, owns or controls, or becomes the owner or controller,
directly or indirectly, of one per cent. or more of any class of securities of
Rentokil is required to disclose, by not later than 12.00 noon (London time) on
the London business day following the date of the relevant transaction, dealings
in such securities of that company (or in any option in respect of, or
derivative referenced to, any such securities) during the period to the date on
which the offer becomes or is declared unconditional as to acceptances or lapses
or is otherwise withdrawn.

Under the provisions of Rule 8.1 of the City Code, all dealings in relevant
securities of Rentokil by Raphoe or Rentokil, or by any of their respective
"associates" (within the meaning of the City Code) must also be disclosed.

If you are in any doubt as to the application of Rule 8, to you, please contact
an independent financial adviser authorised under the Financial Services and
Markets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk or
contact the Panel on telephone number [phone]; fax [phone].


CONTACTS:

Sir Gerry Robinson
c/o Cubitt Consulting, 020 7367 5100

Europa Partners Limited
David von Simson, 020 7661 9338

Cubitt Consulting
Simon Brocklebank-Fowler, 020 7367 5100