SAR - Raven Mount PLC

Schroders PLC 10 December 2004 FORM SAR 3 Lodge with a RIS or Newstrack if appropriate and the Takeover Panel. A copy must also be sent to the company the shares of which are acquired. Date of disclosure 10 December 2004............................................................... DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs') Date of acquisition 09 December 2004............................................................... Acquisition in (name of company) Raven Mount PLC ................................. 1. Class of voting shares (eg ordinary shares) Ordinary 0.1p............................................................... Number of shares/rights over shares acquired 60,510...Shares........................Rights If rights over shares acquired, as opposed to the shares themselves, specify nature of rights ............................................................... 2. Resultant total holding of voting shares (and % of total voting shares in issue) 12,495,447.......... ....20.039% Resultant total holding of rights over shares (and % of total voting shares in issue) .......... ..........% Total percentage 20.039% 3. Party making disclosure Schroders plc............................................................... 4. (a) Name of person acquiring shares or rights over shares Schroders plc ............................................................... and, if 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) Alison Dunn...................................................... Telephone and extension number 020 7658 2959............................................................... Note 1. 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. Note 2. The resultant total percentage holding of voting shares and rights over shares is to be calculated by reference to the percentage held and in issue outside treasury. 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, Monitoring Section. Tel. No: 020 7638 0129. Email:monitoring@disclosure.org.uk 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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