Rule 8 - Access Plus Plc

RNS Number:4230L
Singer & Friedlander Invest Man Ld
22 May 2003


                                                                                                          FORM 8.1/8.3
Lodge with Company Announcements Office and the Panel.
Use a separate form for each class of securities in which dealings have been made.
                                                              Date of Disclosure             22nd May 2003
                                   DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
                                      OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing:                                                      21st May 2003
Dealing in:                                                           Access Plus Plc
1)     Class of securities (eg ordinary shares)                       Ordinary Shares
2)     Amount bought                          Amount sold                     Price per unit
        10,000                                                                178p

       3,000                                                                  187p
3)     Resultant total of the same class owned or controlled                  952,945
        (and percentage of class)                                             5.28%
4)      Party making disclosure
        Singer & Friedlander Investment Management Limited
5)     EITHER (a)                   Name of purchaser /vendor (Note 1)
       OR (b)                       if dealing for discretionary client(s), name of fund management organisation
       Singer & Friedlander Investment Management Limited
6)     Reason for disclosure (Note 2)
       (a)                          associate of                              (i) offeror (Note 3)               NO
                                                                              (ii) offeree company               YES
       Specify which category or categories of associate (1-8 overleaf)                                          6

       If category (8), explain
       (b)                          Rule 8.3 (ie disclosure because of ownership or control of 1% or more of the YES
                                    class of relevant securities dealt in)
       Signed, for and on behalf of the party named in (4) above
       (Also print name of signatory)                                                           Mark Broadey
       Telephone and extension number                                                           0207 523 5141
 Note   1.   Specify owner, not nominee or vehicle company. If relevant, also identify controller of owner, eg where
            an owner normally acts on instructions of a controller
Note   2.   Disclosure might be made for more than one reason; if so, state all reasons.
Note   3.    Specify which offeror if there is more than one.
Note   4.   When an arrangement exists with any offeror, with the offeree company or which an associate of any offeror
            or of the offeree company in relation to relevant securities, details of such arrangement must be
            disclosed, as required by Note 6 on Rule 8
Note   5.   It may be necessary, particularly when disclosing derivative transactions, to append a sheet to this
            disclosure form so that relevant information can be given.
Note   6.   In the case of an average price bargain, each underlying trade should be disclosed.
For full details of disclosure requirements, see Rule 8 of the Code. If in doubt, contact the Panel on Takeovers and
Mergers, Monitoring Section, Tel No: 020 7638 0129.


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

DCCIIFVAEFIFFIV