Holding(s) in Company

Dechra Pharmaceuticals PLC
07 February 2005


                   DECHRA PHARMACEUTICALS PLC (the 'Company')


                             Holding(s) in Company



On 4 February 2005 the Company was informed by Threadneedle Investments, on
behalf of Zurich Financial Services and its Group, of a notifiable interest in
the issued ordinary share capital of the Company as follows:

Registered Owner                                                     Ordinary 1p
                                                                        Shares

Littledown Nominees Ltd A/c 05577                                      103,000
Littledown Nominees Ltd A/c 05576                                    1,630,000
Littledown Nominees Ltd A/c 34789                                      204,549

                                                    TOTAL            1,937,549


This total interest represents 3.80 per cent. of the issued ordinary share
capital of the Company.



7 February 2005






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