Holding(s) in Company

Dechra Pharmaceuticals PLC
27 May 2003


                   DECHRA PHARMACEUTICALS PLC (the 'Company')

                             Holding(s) in Company

The Company was notified by Platinum Fund Managers Limited on 23 May 2003 that
Platinum Investment Trust Plc is now interested in 2,536,800 ordinary shares of
1p each in the Company, which represents 4.98 per cent. of the issued share
capital of the Company.

27 May 2003



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