Director Shareholding

Dechra Pharmaceuticals PLC
16 March 2004


                   DECHRA PHARMACEUTICALS PLC (the 'Company')


                             DIRECTOR SHAREHOLDING



The Company was informed on 15 March 2004 that Neil Warner, a director of the
Company, acquired 2,206 ordinary shares of 1p each ('Ordinary Shares') at
£1.3474 per share on 15 March 2004. Following this acquisition, Mr Warner is
interested in 2,206 Ordinary Shares, representing 0.004 per cent. of the
Company's issued share capital.



16 March 2004



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