SAR - Alexon Group Plc

Schroders PLC 17 October 2003 FORM SAR 3 Lodge with a RIS or Newstrack and the Takeover Panel. A copy must also be sent to the company the shares of which are acquired. Date of disclosure: 17/10/03 DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs') Date of acquisition 16/10/03 Acquisition in Alexon Group Plc (1) Class of voting shares Number of shares/rights over If rights over shares acquired, as (e.g. ordinary shares) shares acquired opposed to the shares themselves, specify nature of rights 10p ordinary shares 50,000 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) 12,371,844 (20.076%) 20.076% (3) Party making disclosure Schroders plc (4) (a) Name of person acquiring Schroders plc on behalf of institutional clients on shares or rights over shares and, if a non-beneficial basis different, beneficial owner (b) Names of any other persons acting by agreement or understanding (see SAR 5) Signed, for and on behalf of the party named in (3) above (Also print name of signatory) Duncan Murray Telephone and extension number 020 7658 2962 (Direct line) ___________________________ Note. Under SAR 5, the holdings of and acquisitions by persons acting by agreement or understanding must be aggregated and treated as a holding of or acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate holdings to disclose certain disposals. 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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