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Xenova Group PLC (XEN)

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Thursday 03 May, 2001

Xenova Group PLC

Holding in Company

Xenova Group PLC
2 May 2001

LETTER TO XENOVA GROUP PLC

NOTIFICATION OF INTEREST(S) IN SHARES UNDER SECTION 198 COMPANIES ACT 1985 ('THE
ACT')

XENOVA GROUP plc

This notification supersedes any previous notification from AXA Investment
Managers UK Ltd.

We are writing on behalf of AXA SA of 25 Avenue Matignon, 75008 Paris, and its
subsidiaries who no longer have a notifiable interest in any ord 10p share in
the 127,269,955 share capital.

FROM AXA INVESTMENT MANAGERS