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Vernalis Group PLC (VER)

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Monday 20 May, 2002

Vernalis Group PLC

Holding(s) in Company

Vernalis Group PLC
20 May 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VERNALIS GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     AMVESCAP PLC

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

     AS ABOVE

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

     VIDACOS NOMINEES LTD             5,699,813
     HSBC NOMINEES LTD                  481,000
     CHASE NOMINEES LTD                 491,302
     NORTHERN TRUST NOMINEES            341,000

5)   Number of shares/amount of stock acquired.

     1,038,115

6)   (2.42%) of issued Class

7)   Number of shares/amount of stock disposed

     355,000

8)   (0.83%) of issued Class

9)   Class of security

     ORDINARY 10P SHARES

10)  Date of transaction

     16/05/2002

11)  Date company informed

     17/05/2002

12)  Total holding following this notification

     7,013,115
               
13)  Total percentage holding of issued class following this notification

     16.35%

14)  Any additional information

     ABOVE HOLDING INCLUDES NOTIFIABLE HOLDINGS: INVESCO PERPETUAL INTERNATIONAL 
     CORE FUND HOLDS 3,055,000 SHARES (7.12%) AND INVESCO PERPETUAL UK GROWTH 
     FUND HOLDS 2,389,813 SHARES (5.57%) REGISTERED IN NAME OF VIDACOS NOMINEES 
     LTD


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 ....20TH MAY 2002....




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