EMM Disclosure

RNS Number:6982E
Robert W. Baird Limited
05 December 2002

                                 EMM DISCLOSURE

                                                             FORM 38.5 (SUMMARY)



Lodge with a RIS and the Takeover 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

Robert W. Baird Limited

Date of disclosure

5 December 2002

Contact name

Erica Westwood

Telephone number

020 7667 8209



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


ENTERTAINMENT RIGHTS PLC



AMENDMENT



If the attached 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 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 the 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.
Email: [e-mail]


                                                                       FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:

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



Dealing in (name of company)

Entertainment Rights Plc

Class of security

Ordinary Shares

Date of disclosure

5th December 2002

Date of dealing

4th December 2002

Name of EMM

Robert W. Baird Limited

Name of offeree/offeror with whom connected

Entertainment Rights Plc

Total number of securities purchased

41,000

Highest price paid*

10.00 pence

Lowest price paid*

10.00 pence

Total number of securities sold

0

Highest price received*

 N/A

Lowest price received*

 N/A

*Currency must be stated


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END

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