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Galen Hldgs (WCRX)

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Wednesday 04 December, 2002

Galen Hldgs

Holding(s) in Company

Galen Holdings PLC
4 December 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

GALEN HOLDINGS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

ALLEN MCCLAY

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 NAMED IN 2 

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



5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

2530132

8)   (1.347%) of issued Class

9)   Class of security

10P ORDINARY SHARES

10)  Date of transaction

29/11/02

11)  Date company informed

3/12/02

12)  Total holding following this notification

16986469
               
13)  Total percentage holding of issued class following this notification

9.044%

14)  Any additional information



15)  Name of contact and telephone number for queries

MR. R. WHITEFORD
ASSISTANT COMPANY SECRETARY
028 3833 4974

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

     Date of Notification ....4/12/2002............



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