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Vernalis Group PLC (VER)

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Friday 15 March, 2002

Vernalis Group PLC

Holding(s) in Company

Vernalis Group PLC
15 March 2002

                              DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VERNALIS GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     EQUITABLE LIFE ASSURANCE SOCIETY

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     SHAREHOLDER NAMED IN No.2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     AS ABOVE
     
5)   Number of shares/amount of stock acquired.

     -

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     285,211

8)   (0.67%) of issued Class

9)   Class of security

     ORDINARY 10p SHARES

10)  Date of transaction

     12 MARCH 2002

11)  Date company informed

     15 MARCH 2002

12)  Total holding following this notification

     748,741
               
13)  Total percentage holding of issued class following this notification

     1.75%

14)  Any additional information



15)  Name of contact and telephone number for queries

     RICHARD ROBINSKI 
     (0118)-977-3133

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification 15th MARCH 2002



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