News

July 8, 2002

REG-Aberforth Partners SAR – Roxboro Group PLC

Date/Range: 8-JUL-2002

Short Abstract: REG-Aberforth Partners SAR – Roxboro Group PLC

 

FORM SAR 3

Lodge with Company Announcements Office and Newstrack, if appropriate, and
the Takeover Panel.  A copy must also be sent to the company the shares of
which are acquired.

Date of disclosure: 08/07/02

DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES (“SARs”)

Date of acquisition: 05/07/02

Acquisition in: Roxboro Group PLC

(1) Class of voting shares  Number of shares/rights  If rights over shares
(e.g. ordinary shares)  over shares acquired     acquired, as opposed
to the shares
themselves, specify
nature of rights

Ordinary Shares of 1p       180,000 shares
N/A rights               N/A

(2) Resultant total holding   Resultant total holding   Total percentage
of voting shares (and %   of rights over shares
of total voting shares    (and % of total voting
in issue)                 shares in issue)

9,180,000  (16.18%)             N/A  (0.00%)            16.18%

(3) Party making disclosure: Aberforth Partners (as Investment Managers)

(4) (a)  Name of person acquiring shares or rights over shares: Aberforth
Partners (as Investment Managers) and, if different, beneficial
owner: N/A

(b)  Names of any other persons acting by agreement or understanding
(see SAR 5): N/A

Signed, for and on behalf of the party named in (3) above: N/A

(Also print name of signatory): Gordon R. Young, Partner

Telephone and extension number: 0131 220 0733

Note.  Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of
or acquisition by one person.  Note 3 on SAR 5 requires persons who must
aggregate holdings to disclose certain disposals.

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,
Monitoring Section, Tel. No: 020 7638 0129.

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