The Company was notified on 4 November 2004 that Mr V F Timis, the Executive Chairman of the Company, had today purchased 150,000 ordinary 5p shares of the Company ("Ordinary Shares") at a price of 350p per Ordinary Share.

As a result of this purchase, Mr V F Timis has a beneficial interest in 9,080,887 Ordinary Shares representing 7.82 per cent. of the Company''s share capital.

For further information, please contact:

Regal Tel: 020 7408 9500
Chris Phillips, Company Secretary 
 
Buchanan Communications Tel: 020 7466 5000
Bobby Morse