SAR - BPP Holdings PLC
Schroders PLC
22 January 2003
FORM SAR 5
Lodge with a RIS or Newstrack and the Takeover Panel. A copy must also be sent
to the company the shares of which are acquired.
Date of disclosure: 22/01/03
DISCLOSURE UNDER NOTE 3 ON RULE 5 OF THE RULES GOVERNING SUBSTANTIAL
ACQUISITIONS OF SHARES ('SARs')
Date of sale 20/01/03
Sale of BPP Holdings Plc
1) Class of voting shares Number of shares/rights over If rights over shares sold, as
(e.g. ordinary shares) shares sold opposed to the shares themselves,
specify nature of rights
Ordinary 10p shares 503,010 shares
rights
2) Resultant total holding Resultant total holding of rights Total percentage
of voting shares (and % of over shares (and % of total voting
total voting shares in issue) shares in issue)
8,919,234 (15.762%) ( %) 15.762%
(3) Party making disclosure Schroders plc
4) (a) Name of person selling shares Schroders plc on behalf of
or rights over shares and, if different, institutional clients on
beneficial owner a non-beneficial basis
(b) Names of any other persons
acting by agreement or understanding
Signed, for and on behalf of the party named in (3) above
(Also print name of signatory) Alison Dunn
Telephone and extension number 020 7658 2959 (Direct line)
___________________________
For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers, Tel. No.: 020
7638 0129.
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