SAR - VHE Holdings PLC

YJL PLC
20 December 2000

FORM SAR 3

Lodge with Company Announcements Office and the Panel. A copy must also be
sent to the company the shares of which are acquired.

Date of disclosure...20 December 2000...........

DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')


Date of acquisition..19 December 2000.....................................

Acquisition in....VHE Holdings plc......................(name of company)


(1) Class of voting shares Number of shares/rights If rights over shares
(eg ordinary shares) over shares acquired acquired, as opposed
to the shares
themselves, specify
nature of rights

...10 ordinary... .5,520,000.........shares ......N/A...............
...N/A..........rights


(2) Resultant total holding Resultant total holding Total percentage
of voting shares (and % of rights over shares
of total voting shares (and % of total voting
in issue) shares in issue)

....5,520,000.......(17.2%) ....N/A...........( %) ....N/A.........( %)


(3) Party making disclosure....YJL plc...................................

(4) (a) Name of person acquiring shares or rights over shares ...YJL plc....
and, if different, beneficial owner..see 4 (b) below..........................

(b) Names of any other persons acting by
agreement or understanding (see SAR 5).25,000 (0.07%) of the above total is
owned beneficially by Mr P J P V Gyllenhammar, a director of YJL plc and he is
therefore presumed to be a party acting in concert with YJL plc.........

Signed, for and on behalf of the party named in (3) above..N/A............

(Also print name of signatory).....A N McArthur - Company Secretary YJL plc...

Telephone and extension number.....0208 982 4268.....................

Note. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section, Tel. No: 020 7638 0129.