BTR PLC - Rule 8 Disclosure

RNS No 6303b
BTR PLC


                                       Date of Disclosure 31 DECEMBER 1998......

               DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
                 OF THE CITY CODE ON TAKE-OVERS AND MERGERS

Date of dealing 30 DECEMBER 1998..............

Dealing in BTR PLC.........................................(name of company)

(1)  Class of securities (eg ordinary shares) AMERICAN DEPOSITORY RECEIPTS.

(2)  Amount bought                  Amount sold             Price per unit

     390                                                    8.1250
                                    390                     8.1250


(3)  Resultant total owned or controlled of ordinary shares
resulting from American Depository Receipts* 1,476...................... (0.00%)

* (and % of class of ordinary shares)

(4)  Party making disclosure GOLDMAN, SACHS & CO..............................

(5)  EITHER (a) Name of purchaser/vendor (Note 1)..............................

     OR     (b) if dealing for discretionary client(s), name of fund management
                organisation
a) GOLDMAN, SACHS & CO.........................................................

(6)  Reason for disclosure (Note 2)  
     (a) associate of (i)  offeror (Note 3)                             NO
                      (ii) offeree company                              YES

Specify which category or categories of associate (1-8 overleaf)..... 2  ......

If category (8), explain........................................................

................................................................................
     (b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more
         of the class of relevant securities dealt in)                  NO

Signed, for and on behalf of the party named in (4) above.....N/A...............

(Also print name of signatory) TARN PHILLIPS....................................

Telephone and extension number [phone].................................

Note 1.   Specify owner, not nominee or vehicle company.  If relevant, also
          identify controller of owner, eg where an owner normally acts on
          instructions of a controller.

Note 2.   Disclosure might be made for more than one reason; if so, state all
          reasons.

Note 3.   Specify which offeror if there is more than one.

Note 4.   When an arrangement exists with any offeror, with the offeree company
          or with an associate of any offeror or of the offeree company in
          relation to relevant securities, details of such arrangement must be
          disclosed, as required by Note 6 on Rule 8...........................
          .....................................................................
          ......................................................................

For full details of disclosure requirements, see Rule 8 of the Code.  If in
doubt, contact the Panel on Take-overs and Mergers, Tel. No: 0171-382 9026.

END

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