Holding in Company

Dechra Pharmaceuticals PLC
21 February 2001



                          DECHRA PHARMACEUTICALS PLC                          
                                                                              
                          Notification of interests                           

The board of Dechra Pharmaceuticals PLC (the 'Company') announces that it
received notification on 20 February 2001 that Norwich Union Investment
Management Limited (a subsidiary of CGNU plc) no longer has a notifiable
interest in the Company's issued ordinary share capital.