EMM Disclosure

RNS Number:9903J
Merrill Lynch International
14 April 2003


                                                      FORM 38.5 (SUMMARY)
             Lodge with Company Announcements Office and the Panel. Use a 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                                                 Merrill Lynch International
Date of disclosure                                           14 April 2003
Date of dealing                                              11 April 2003
Telephone number                                             020 7996 3565
Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies:
11 April 2003
Safeway Plc - Common
Cambridge Antibody Tech Group - Common
Six Continents Plc - Ordinary
Oxford Glycosciences Plc - Common
AMENDMENT
state which element(s) of disclosure was incorrect:
In the case of option business or dealings 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: 0207 638 0129
                                                                                FORM 38.5
         Lodge with Company Announcements Office and the Panel. Use a 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
        Dealing in                                                  Safeway Plc
        Class of security                                           Common
        Date of disclosure                                          14 April 2003
        Date of dealing                                             11 April 2003
        Name of EMM                                                 Merrill Lynch International
        Name of offeree/offeror with whom connected                 Trackdean Investments Ltd
        Number of securities purchased                              542,134
        Highest price paid*                                        GBP    2.60
        Lowest price paid*                                         GBP    2.58
        Number of securities sold                                   18,957
        Highest price paid*                                        GBP    2.60
        Lowest price paid*                                         GBP    2.58
        *Currency must be stated
                                                                                                       Rule 38.5 (CFD)
                                      CONNECTED EXEMPT MARKET-MAKERS / EXEMPT PRINCIPAL TRADERS:
                              DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
        Dealing in Contract for Differences ("CFD") referenced to Safeway Plc Ordinary
        Date of Disclosure:                                              14 April 2003
        Date of Dealing                                                  11 April 2003
        Name of EMM / EPT                                                Merrill Lynch International
        Name of offeree/offeror with whom connected                      Trackdean Investments Ltd
        Product Type                                                     SHORT CFD
        Maturity Date                                                    06 January 2004
        Writing of CFD
        Number of Ordinary to which the CFD is referenced                Nil
        CFD Reference Price Range                                        n/a
        Closing Out of CFD
        Number of Ordinary to which the CFD is referenced                550,000
        CFD Reference Price Range                                       2.58      to    2.58      GBP
              Further Disclosure should be made where necessary so that the nature of the dealings can be fully
                                                         understood


                                                                                                       Rule 38.5 (CFD)
                                      CONNECTED EXEMPT MARKET-MAKERS / EXEMPT PRINCIPAL TRADERS:
        Dealing in Contract for Differences ("CFD") referenced to Safeway Plc Ordinary
        Date of Disclosure:                                              14 April 2003
        Date of Dealing                                                  11 April 2003
        Name of EMM / EPT                                                Merrill Lynch International
        Name of offeree/offeror with whom connected
        Product Type                                                     SHORT CFD
        Maturity Date                                                    06 January 2004
        Writing of CFD
        Number of Ordinary to which the CFD is referenced                480,866
        CFD Reference Price Range                                       2.59      to    2.59      GBP
        Closing Out of CFD
        Number of Ordinary to which the CFD is referenced                Nil
        CFD Reference Price Range                                        n/a
              Further Disclosure should be made where necessary so that the nature of the dealings can be fully
                                                         understood
                                                         FORM 38.5
         Lodge with Company Announcements Office and the Panel. Use a 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
        Dealing in                                                  Cambridge Antibody Tech Group
        Class of security                                           Common
        Date of disclosure                                          14 April 2003
        Date of dealing                                             11 April 2003
        Name of EMM                                                 Merrill Lynch International
        Name of offeree/offeror with whom connected                 Cambridge Antibody Tech Group
        Number of securities purchased                              68,139
        Highest price paid*                                        GBP    3.44
        Lowest price paid*                                         GBP    3.30
        Number of securities sold                                   31,863
        Highest price paid*                                        GBP    3.45
        Lowest price paid*                                         GBP    3.30
        *Currency must be stated


                                                         FORM 38.5
         Lodge with Company Announcements Office and the Panel. Use a 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
        Dealing in                                                  Six Continents Plc
        Class of security                                           Ordinary
        Date of disclosure                                          14 April 2003
        Date of dealing                                             11 April 2003
        Name of EMM                                                 Merrill Lynch International
        Name of offeree/offeror with whom connected                 Six Continents Plc
        Number of securities purchased                              8,729
        Highest price paid*                                        GBP    5.97
        Lowest price paid*                                         GBP    5.90
        Number of securities sold                                   3,544
        Highest price paid*                                        GBP    5.96
        Lowest price paid*                                         GBP    5.87
        *Currency must be stated


                                                         FORM 38.5
         Lodge with Company Announcements Office and the Panel. Use a 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
        Dealing in                                                  Oxford Glycosciences Plc
        Class of security                                           Common
        Date of disclosure                                          14 April 2003
        Date of dealing                                             11 April 2003
        Name of EMM                                                 Merrill Lynch International
        Name of offeree/offeror with whom connected                 Cambridge Antibody Tech Group
        Number of securities purchased                              67,700
        Highest price paid*                                        GBP    1.81
        Lowest price paid*                                         GBP    1.80
        Number of securities sold                                   783
        Highest price paid*                                        GBP    1.90
        Lowest price paid*                                         GBP    1.90
        *Currency must be stated


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

EMMNKQKBKBKDNQD