Holding(s) in Company

Dechra Pharmaceuticals PLC
04 November 2003


                   DECHRA PHARMACEUTICALS PLC (the 'Company')


                             Holding(s) in Company



On 3 November 2003 the Company was informed by Threadneedle Investments, on
behalf of American Express Company 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 10490                                      874,675
Littledown Nominees Ltd A/c 10488                                      975,000
Littledown Nominees Ltd A/c 07197                                      745,000
Littledown Nominees Ltd A/c 05576                                    2,833,247
Littledown Nominees Ltd A/c 05577                                      177,078

                                                    TOTAL            5,605,000


This total interest represents 11.00 per cent. of the issued ordinary share
capital of the Company.



4 November 2003






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