Offer for Novar plc - update

Melrose PLC
13 December 2004


For immediate release

Not for release or publication in or into the United States, Canada, Japan or
Australia

                        Offer for Novar plc - update

Melrose PLC notes this morning's announcement by Honeywell concerning its offer
for Novar plc and is reviewing its options. A further announcement will be made
in due course.

Enquiries:

M:Communications:

Nick Miles 020 7153 1535

Nick Fox 020 7153 1540

Tom Hampson 020 7153 1522




                      This information is provided by RNS
            The company news service from the London Stock Exchange