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Galen Hldgs (WCRX)

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Monday 02 July, 2001

Galen Hldgs

Corporate Action

Galen Holdings PLC
2 July 2001

ENTITLEMENT ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *GAL
SEDOL CODE              *040-448
TERMS                   *Open Offer to Qualifying Shareholders of New Ordinary
                         Shares on a pro-rata basis. The offer price is to be 
                         set at the end of a book-building process, on or 
                         before 25-07-01
EX DATE                 *03-07-01
RECORD DATE             *25-06-01
SPLITTING APPLICATION FORMS *20-07-01 3:00pm
RECEIPT OF APPLICATION FORMS *24-07-01 5:00pm
DEALING COMMENCE NEW SHARES *31-07-01 (on or before)
NOTES *