SAR - Comino Group PLC

RNS Number:3315L
Morley Fund Management
9 October 2001

                                                      FORM SAR 5


                                       Date of disclosure...09 OCT 2001...

             DISCLOSURE UNDER NOTE 3 OF RULE 5 OF THE RULES GOVERNING
                   SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")

                 
Date of sale..............08/10/01..............

Sale of...................COMINO GROUP PLC.................(name of company)


(1) Class of voting shares    Number of shares/rights   If rights over shares
    (eg ordinary shares)      over shares sold          sold, as opposed
                                                        to the shares
                                                        themselves, specify
                                                        nature of rights
     ORDINARY SHARES 5P        350,000
    ....................      ................shares    .......-.............
                              ...-..........rights


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

    1,815,000....(13.094%)   ........-.......(    %)    1,815,000...(13.094%)


(3) Party making disclosure...........MORLEY FUND MANAGEMENT LIMITED.......  

(4)  (a)  Name of person selling shares or rights over shares MORLEY FUND       
                                            MANAGEMENT FOR DISCRETIONARY CLIENTS

          and, if different, beneficial owner  COMMERCIAL UNION LIFE ASSURANCE  
                                               COMPANY LIMITED
                                               CGNU LIFE ASSURANCE LIMITED
                                               NORWICH UNION LINKED LIFE        
                                               ASSURANCE LIMITED
                                               NORWICH UNION LIFE AND PENSIONS  
                                                LIMITED
                                               CGU STAFF PENSION FUND
                                               NORWICH UNION INSURANCE LIMITED
                                               MORLEY POOLED PENSIONS LIMITED
                                               NORWICH UNION INVESTMENT FUNDS   
                                               ICVC
                                               ROYAL SCOTTISH ASSURANCE LIMITED

     (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)...SARAH E. PATTESON........

Telephone and extension number...020 7809 8685...........


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 7382 9026.