Warburg Dillon Read - EMM Disclosure

RNS No 3787H
WARBURG DILLON READ
                                                            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       WARBURG DILLON READ
      
..............................................................................

Date of disclosure        02 August 1999
      
..............................................................................

Contact Name       Myles Baxter
      
..............................................................................

Telephone number       0171 5684476      
..............................................................................

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

BRENT INTERNATIONAL PLC ORDINARY

CLOSE BROS GROUP PLC ORDINARY

COCA COLA BEVERAGES PLC ORDINARY

DELANCEY ESTATES PLC ORDINARY


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 disclosure requirements see Rules 8 and 38 of the Code. If
in doubt contact the Monitoring Section of the Panel, Tel No: 0171 638 0129

                                                                      FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS



Dealing in       BRENT INTERNATIONAL PLC       (name of company)
      
..............................................................................

Class of Security       ORD 10P       
      
..............................................................................

Date of disclosure       2-Aug-99
      
..............................................................................

Date of dealing       30-Jul-99
      
..............................................................................

Name of EMM       WARBURG DILLON READ
      
..............................................................................

Name of offeree / offeror with whom connected       CHEMETALL GMBH PLC
      
..............................................................................


Total Number of securities bought       6,000
       ......................................................

Highest price paid*       115.5       GBP
       ......................................................

Lowest price paid*       115.5       GBP
       ......................................................


Total number of securities sold       0
       ......................................................

Highest price received*       0       GBP
       ......................................................

Lowest price received       0       GBP
       ......................................................


*Currency must be stated

                                                                       FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS


Dealing in       CLOSE BROS GROUP PLC       (name of company)
      
..............................................................................

Class of Security       ORD 25P       
      
..............................................................................

Date of disclosure       2-Aug-99
      
..............................................................................

Date of dealing       30-Jul-99
      
..............................................................................

Name of EMM       WARBURG DILLON READ
      
..............................................................................

Name of offeree / offeror with whom connected       CLOSE BROTHERS PLC
      
..............................................................................


Total Number of securities bought       2,950
       ......................................................

Highest price paid*       845       GBP
       ......................................................

Lowest price paid*       840       GBP
       ......................................................


Total number of securities sold       0
       ......................................................

Highest price received*       0       GBP
       ......................................................

Lowest price received       0       GBP
       ......................................................


*Currency must be stated

                                                                       FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS


Dealing in       COCA-COLA BEVERAGES PLC       (name of company)
      
..............................................................................

Class of Security       ORD GBP0.50       
      
..............................................................................

Date of disclosure       2-Aug-99
      
..............................................................................

Date of dealing       30-Jul-99
      
..............................................................................

Name of EMM       WARBURG DILLON READ
      
..............................................................................

Name of offeree / offeror with whom connected       COCA COLA BEVERAGES PLC
      
..............................................................................

Total Number of securities bought       0
       ......................................................

Highest price paid*       0       GBP
       ......................................................

Lowest price paid*       0       GBP
       ......................................................



Total number of securities sold       2,000
       ......................................................

Highest price received*       126       GBP
       ......................................................

Lowest price received       126       GBP
       ......................................................



*Currency must be stated

                                                                       FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS


Dealing in       DELANCEY ESTATES PLC       (name of company)
      
..............................................................................

Class of Security       ORD 25P       
      
..............................................................................

Date of disclosure       2-Aug-99
      
..............................................................................

Date of dealing       30-Jul-99
      
..............................................................................

Name of EMM       WARBURG DILLON READ
      
..............................................................................

Name of offeree / offeror with whom connected       DELANCEY ESTATES PLC
      
..............................................................................


Total Number of securities bought       10,000
       ......................................................

Highest price paid*       114       GBP
       ......................................................

Lowest price paid*       114       GBP
       ......................................................


Total number of securities sold       0
       ......................................................

Highest price received*       0       GBP
       ......................................................

Lowest price received       0       GBP
       ......................................................



*Currency must be stated

END

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