Franklin Resources - increase in holdings - 4.65%

Franklin Resources Inc. of San Mateo, California (on behalf of itself, Franklin Mutual Advisers, LLC and Templeton Worldwide Inc.) notified the company after close of business on 25 March 2004 that, as a result of subscriptions for new ordinary shares in the rights issues announced 9 March 2004, it had increased its material interest to a holding of 14,932,252 shares in the company representing 4.65% of the issued and fully paid share capital as enlarged by the rights issue.

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