SAR - Alexon Group PLC

Schroders PLC 16 June 2003 FORM SAR 5 Lodge with Company Announcements Office and Newstrack, if appropriate, and the Takeover Panel. A copy must also be sent to the company the shares of which are being sold. Date of disclosure: 16/06/03 DISCLOSURE UNDER NOTE 3 ON RULE 5 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs') Date of sale 13/06/03 Sale of Alexon Group plc 1) Class of voting shares Number of shares/rights over If rights over shares sold, as (e.g. ordinary shares) shares sold opposed to the shares themselves, specify nature of rights Ordinary 10p shares 250,000 shares rights 2) Resultant total holding Resultant total holding of rights Total percentage of voting shares (and % of over shares (and % of total voting total voting shares in issue) shares in issue) 11,645,682 (18.910%) ( %) 18.910% (3) Party making disclosure Schroders plc 4) (a) Name of person selling shares Schroders plc on behalf of institutional clients on or rights over shares and, if different, a non-beneficial basis beneficial owner (b) Names of any other persons acting by agreement or understanding Signed, for and on behalf of the party named in (3) above (Also print name of signatory) Alison Dunn Telephone and extension number 020 7658 2959 (Direct line) ___________________________ For full details of the SARs disclosure requirements, see Rules 3 and 5 of the SARs. If in doubt, contact the Panel on Takeovers and Mergers, Tel. No.: 020 7638 0129. This information is provided by RNS The company news service from the London Stock Exchange

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Schroders (SDR)
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