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Wednesday 15 May, 2002

Office of Fair Trade

Merger Update

Office of Fair Trading
15 May 2002



MERGER CLEARANCE:

The Secretary of State for Trade and Industry has decided, on the information
at present before her, and in accordance with the recommendation of the
Director General of Fair Trading, not to refer the following mergers to the
Competition Commission under the provisions of the Fair Trading Act 1973:

     Proposed acquisition by Degussa Sant Celoni SA of part of the            
     antioxidants business of Raschig GmbH

     Proposed acquisition by Lombard North Central plc of Dixon Motors plc

     Completed acquisition by General Electric Company of Bently Nevada       
     Corporation


                      This information is provided by RNS
            The company news service from the London Stock Exchange