SAR - Keller Group PLC

RNS Number:6178N
Schroders PLC
16 July 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:     16/07/03


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

Date of acquisition     15/07/03


Acquisition in          Keller Group Plc


                            
(1) Class of voting shares            Number of shares over shares           If rights over shares acquired, as
    (e.g. ordinary shares)            acquired                               opposed to the shares themselves,
                                                                             specify nature of rights
                                                                             
    10p ordinary shares                                                      327,700 shares



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

    13,818,465 shares (21.236%)                                              (21.236%)


(3) Party making disclosure     Schroders plc
                                                      

(4)     (a)     Name of person acquiring           Schroders plc on behalf of institutional clients on
        shares or rights over shares and, if       a non-beneficial basis
        different, beneficial owner


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



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


(Also print name of signatory)     Alison Dunn


Telephone and extension number     020 7658 2959 (Direct line)

                          ___________________________


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, Tel. No.: 020
7638 012


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

SADLQLFFXDBFBBX