EPT Disclosure - Options

RNS Number:3178R
UBS AG (EPT)
15 September 2005

                                                              FORM 38.5 (OPTION)



           DEALINGS IN OPTIONS BY CONNECTED EXEMPT PRINCIPAL TRADERS

             (Rule 38.5 of The City Code on Takeovers and Mergers)


Name of exempt principal trader                         UBS AG London Branch


Company dealt in                                        RENTOKIL INITIAL PLC


Description of all option products disclosed on this    RENTOKIL INITIAL PLC
form


Relevant security under option                          ORD 1P


Name of offeree/offeror with whom connected             RENTOKIL INITIAL PLC


Nature of connection #                                  CONNECTED ADVISER


Full details of any agreement, arrangement or           N/A
understanding between the person disclosing and any
other person relating to the voting rights of any
relevant securities under any option referred to on
this form.  If none, this should be stated.


Date of dealing                                         14 September 2005









WRITING/PURCHASE OF OPTION
Product name Transaction date Writing/purchase    Number of         Exercise     Expiry date  Option money paid/
                              (indicate as        securities under  price                     received (currency
eg call                       applicable)         option            (currency                 must be stated)
option                                                              must be
                                                                    stated)

    PUT      14 Sept 2005     WRITING                     1,000,000   1.60 GBP    31/12/2005       52,500 GBP
    PUT      14 Sept 2005     WRITING                       660,000   1.60 GBP    31/12/2005       34,650 GBP
    PUT      14 Sept 2005     WRITING                       340,000   1.60 GBP    31/12/2005       17,850 GBP
    PUT      14 Sept 2005     PURCHASE                       50,000   1.60 GBP    31/12/2005       2,500 GBP







EXERCISE OF OPTION
Product name   Transaction date    Number of securities under option                  Exercise price

eg call option                                                                        (currency must be stated)









Date of disclosure                                      15 September 2005


Contact name                                            ROBIN RAGNUTH


Telephone number                                        020 7567 8289





#  See the definition of "connected fund managers and principal traders" in the
Definitions Section of the Code.



For details of the Code's dealing disclosure requirements, see Rules 8 and 38.5
and their Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.


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

EMMBDGDCSXBGGUU