Holding(s) in Company

Dechra Pharmaceuticals PLC
30 October 2003


                   DECHRA PHARMACEUTICALS PLC (the 'Company')


                             Holding(s) in Company



On 28 October 2003 the Company was informed by Threadneedle Investments, on
behalf of Zurich Financial Services and its Group, of a notifiable interest in
the issued ordinary share capital of the Company as follows:

Registered Owner                                                     Ordinary 1p
                                                                        Shares

Littledown Nominees Ltd A/c 05577                                      179,513
Littledown Nominees Ltd A/c 05576                                    2,872,208

                                                    TOTAL            3,051,721


This total interest represents 5.99 per cent. of the issued ordinary share
capital of the Company.



30 October 2003






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