EMM Disclosure Part 1

RNS Number:5912T
Citigroup Global Markets UK EqtyLtd
23 December 2003



FORM 38.5 (SUMMARY)



Lodge with Company Announcements Office (which will publicise and copy to the
Panel). Use separate form for each class of securities in which dealings have
been made.



                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS



Name of EMM:                          Citigroup Global Markets UK Equity Limited

Date of disclosure:                   23 December 2003

Contact name:                         Alexander Andreadis

Telephone number:                     020 7508 9050

Please see attached disclosure of dealings under rule 38.5 in the securities of
the following companies:

Safeway Plc

TBI Plc

Granada Plc

Wm Morrison Supermarkets Plc

AMENDMENT

If the previous Rule 38.5 disclosure is to amend a previous disclosure, please
state which element(s) of previous disclosure was incorrect:  In the case of
option business dealing in derivatives full details should be given on a
separate sheet so that the nature of the dealings can be fully understood. For
options this should include the number of securities under option, the exercise
period (or in the case of exercise, the exercise date), the exercise price and
any option money paid or received. For derivatives this should include, at
least, the number of reference securities to which they relate (when relevant),
the maturity date (or if applicable the closing out date) and the reference
price. For full details of disclosure requirements see Rules 8 and 38 of the
Code. If in doubt contact the Monitoring Section of the Panel, Tel. No: 020 7638
0129


FORM 38.5


                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS





Dealing in:                           Safeway Plc


Class of security:                    Ordinary Shares


Date of dealing:                      22 December 2003


Name of EMM:                          Citigroup Global Markets UK Equity Limited

Name of offeree/offeror with whom connected:

Safeway Plc



Total number of securities purchased:                      10,213

Highest price paid *:                                      GBP 2.8200

Lowest price paid *:                                       GBP 2.8200




Total number of securities sold:                          10,213

Highest price received *:                                 GBP 2.8200

Lowest price received *:                                  GBP 2.8200

 * Currency must be stated




FORM 38.5



                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS





Dealing in:                             TBI Plc

Class of security:                      Ordinary Shares


Date of dealing:                        22 December 2003


Name of EMM:                          Citigroup Global Markets UK Equity Limited


Name of offeree/offeror with whom connected:

Hochtief AirPort GMBH



Total number of securities purchased:                       10,000

Highest price paid *:                                       GBP 0.6700

Lowest price paid *:                                        GBP 0.6700



Total number of securities sold:                            0

Highest price received *:                                   GBP 0

Lowest price received *:                                    GBP 0


 * Currency must be stated






FORM 38.5



                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS





Dealing in:                             Granada Plc


Class of security:                      Ordinary Shares


Date of dealing:                        22 December 2003


Name of EMM:                          Citigroup Global Markets UK Equity Limited


Name of offeree/offeror with whom connected:

Granada Plc



Total number of securities purchased:        1,904,417

Highest price paid *:                        GBP 1.2025

Lowest price paid *:                         GBP 1.1950




Total number of securities sold:             1,995,397

Highest price received *:                    GBP 1.2075

Lowest price received *:                     GBP 1.1975

 * Currency must be stated




FORM 38.5



                        CONNECTED EXEMPT MARKET-MAKERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS





Dealing in:                          Wm Morrison Supermarkets Plc


Class of security:                   Ordinary Shares


Date of dealing:                     22 December 2003


Name of EMM:                          Citigroup Global Markets UK Equity Limited


Name of offeree/offeror with whom connected:

Safeway Plc



Total number of securities purchased:                      0

Highest price paid *:                                      GBP 0

Lowest price paid *:                                       GBP 0



Total number of securities sold:                           32,042

Highest price received *:                                  GBP 2.2363

Lowest price received *:                                   GBP 2.2300


 * Currency must be stated




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