SAR - Senior Plc

Schroders PLC
30 September 2002

                                                                      FORM SAR 5

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 being sold.

Date of disclosure
 30/09/02



DISCLOSURE UNDER NOTE 3 OF RULE 5 OF THE RULES GOVERNING SUBSTANTIAL
ACQUISITIONS OF SHARES ('SARs')

Date of sale
 27/09/02



Sale of (name of company)
Senior Plc



1. Class of voting shares (eg ordinary shares)
 10p Ordinary shares



Number of shares/rights over shares sold
3,080,308      Shares         NIL     Rights

If rights over shares sold, as opposed to the shares themselves, specify nature
of rights




2. Resultant total holding of voting shares (and % of total voting shares in
issue)
49,489,402                                            16.100%

Resultant total holding of rights over shares (and % of total voting shares in
issue)
 NIL                                                  %

Total percentage
16.100%

3. Party making disclosure
 Schroders Plc

4. (a) Name of person selling shares or rights over shares
Schroders Plc on behalf of institutional clients on a non-beneficial basis



and, if different, beneficial owner
 Schroders Plc on behalf of institutional clients on a non-beneficial basis



(b) Names of any other persons acting by agreement or understanding
 N/A



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



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. E-mail: [e-mail]


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