Offer Talks Terminated

Berkeley Berry Birch PLC
05 May 2004


For Immediate Release                                                 5 May 2004

              Berkeley Berry Birch plc and Inter-Alliance Group PLC
                            Termination of Discussions

Further to the announcement made 20 January 2004, Berkeley Berry Birch plc
('BBB') and Inter-Alliance Group PLC ('Inter-Alliance') announce that the
discussions they have been having regarding a possible merger have now been
terminated.

For further information:

Berkeley Berry Birch plc
Clifford Lockyer              07967 680 565
Craig Butcher                 07968 486 750

Inter-Alliance Group PLC
Keith Carby                   01285 886 700

Grandfield
Charles Cook                  020 7417 4170
Matthew Jervois

The directors of BBB and the directors of Inter-Alliance accept responsibility
for the information contained in this announcement. To the best of the knowledge
and belief of the directors of BBB and the directors of Inter-Alliance, who have
taken all reasonable care to ensure that this is the case, such information is
in accordance with the facts and does not omit anything likely to affect the
import of such information.

Numis Securities Limited is acting for BBB and no one else in connection with
the discussions with Inter-Alliance and will not be responsible to anyone other
than BBB for providing the protections afforded to the clients of Numis
Securities Limited or for providing advice in relation to the potential offer.

Credit Lyonnais Securities is acting for Inter-Alliance and no one else in
connection with the discussions with BBB and will not be responsible to anyone
other than Inter-Alliance for providing the protections afforded to the clients
of Credit Lyonnais Securities or for providing advice in relation to the
potential offer.




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