Holding(s) in Company

Dechra Pharmaceuticals PLC
10 March 2003

                   DECHRA PHARMACEUTICALS PLC (the 'Company')

                             Holding(s) in Company

The Company was notified on 7 March 2003 that 3i Smaller Quoted Companies Trust
plc is now interested in 1,550,000 ordinary shares of 1p each in the Company,
which represents 3.07 per cent. of the issued share capital of the Company.

10 March 2003


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