Statement re Possible Offer

RNS Number:7218J
Wellington Holdings PLC
14 March 2005


            Wellington Holdings plc ("Wellington" or "the Company")
     
    Preliminary discussions regarding a possible offer for the Company

14 March 2005                                             for immediate release

Having noted the recent rise in the Company's share price, the Board of
Wellington announces that the Company has received an approach and is now in
discussions with regard to a possible offer for the entire issued share capital
of the Company in the range of 180p to 185p per share.

First Britannia Mezzanine NV, which holds 29 per cent of the issued share
capital of Wellington, has indicated that it would accept a formal offer in this
range.

These discussions are at an early stage and there can be no certainty that they
will lead to a recommended offer for the entire issued share capital of
Wellington.

Shareholders will be kept informed of further developments.

Pursuant to Rule 2.10 of the City Code on Takeovers and Mergers, Wellington
announces that it has 23,861,946 ordinary shares in issue.

Enquiries

Brian Kent, Chairman                                020 8941 3774
Wellington Holdings plc

Michael Cobb                                        020 7486 5888
BDO Stoy Hayward LLP



                      This information is provided by RNS
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