SAR - (Eldridge Pope & Co)

RNS Number:5663S
SDA Limited
27 November 2003

                                                                      FORM SAR 3

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: 27 November 2003

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



Date of acquisition: 26 November 2003

Acquisition in Eldridge, Pope & Co., p.l.c.


(1)   Class of voting shares         Number of shares/rights over shares  If rights over shares acquired,
      (eg ordinary shares)           acquired                             as opposed to the shares                      
                                                                          themselves, specify nature of
                                                                          rights
                                                           664,505 shares
        Ordinary shares
                                                                   rights



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



             3,880,000  (15.68%)                               (   %)              (15.68%)


(3)   Party making disclosure: SDA Limited

(4)   (a)   Name of person acquiring shares or rights over shares: SDA Limited
            and, if different, beneficial owner ...........................


      (b)   Names of any other persons acting by
            agreement or understanding (see SAR 5): Mr Michael Cannon



Signed, for and on behalf of the party named in (3) above .....................

(Also print name of signatory): Peter Large

Telephone and extension number: 01865 263 000

                     ______________________________________

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.
E-mail: [e-mail]




                      This information is provided by RNS
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