Holding in Company

Dechra Pharmaceuticals PLC
26 March 2001



                  DECHRA PHARMACEUTICALS PLC (THE 'COMPANY')                  
                                                                              
                              Holding in Company                              

The Company received notification on 23 March 2001, in accordance with the
provisions of sections 198-202 Companies Act 1985 (as amended by the Companies
Act 1989), that Fidelity International Limited no longer has a notifiable
interest in the issued share capital of the Company.