Rule 2.10 announcement

Derwent Valley Holdings PLC
19 November 2003

For immediate release

19 November 2003


                 Derwent Valley Holdings plc ("Derwent Valley")

             Rule 2.10 announcement - Relevant Securities in Issue


In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, Derwent
Valley announces that it has 53,167,150 ordinary shares of 5 pence each in
issue.


The International Securities Identification Number for Derwent Valley ordinary
shares is GB0002652740.


Enquiries:


Tim Kite, Company Secretary         Tel: [phone]



END

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