EMM Disclosure

ABN-AMRO FORM 38.5 (SUMMARY) Lodge with Company Announcements Office and the Panel. Use a separate form for each class of securities in which dealings have been made. CONNECTED EXEMPT MARKET-MAKERS: DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS Name of EMM: ABN AMRO EQUITIES (UK) Date of disclosure: 15 JULY 2004 Contact name: HUNG LUC Telephone number: +44 (20) 7678 0037 Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies: SMITH (WH) PLC If the attached Rule 38.5 disclosure is to amend a previous disclosure, please state which element(s) of previous disclosure was incorrect: In the case of option business or dealings in derivatives full details should be given on a separate sheet so that the nature of the dealings can be fully understood. For options this include the number of securities under option, the exercise period (or in the case of exercise, the exercise date), the exercise price and any option money paid or received. For derivative this should include, at least, the number of reference securities to which they relate (when relevant), the maturity date (or if applicable the closing out date) and the reference price. For full details of the disclosure requirements see Rules 8 and 38 of the Code. If in doubt contact the Monitoring Section of the Panel, Tel. No: 020 7638 0129 CONNECTED EXEMPT MARKET-MAKERS: DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS Dealing in (name of company): SMITH (WH) PLC Class of security: ORD 55 5/9P Date of disclosure: 15 JULY 2004 Date of dealing: 14 JULY 2004 Name of EMM: ABN AMRO EQUITIES (UK) Name of offeree/offeror with whom connected: SMITH (WH) PLC Total number of securities purchased: 150,000 Highest price paid* 3.2050 GBP Lowest price paid* 3.1975 GBP Total number of securities sold: 150,000 Highest price received* 3.2064 GBP Lowest price received* 3.2064 GBP

Companies

WH Smith (SMWH)
UK 100

Latest directors dealings