Further re Ashtead Loan Note

Rentokil Initial PLC
03 August 2005

                                                                 3rd August 2005

Rentokil Initial plc


                      EARLY REPAYMENT OF ASHTEAD UNSECURED

                             CONVERTIBLE LOAN NOTE
                   __________________________________________



Further to the announcement on 7th July 2005, Rentokil Initial plc confirms that
it has today received the anticipated £129.9 million in respect of the agreed,
early repayment of the £134 million unsecured loan note, which was due for
repayment in 2008.

This early repayment has removed the potential risk of future payment default
and eliminated the potential future volatility on reported financial results
under the new International Financial Reporting Standards, particularly IAS39.




For further information

R C Payne, Finance Director
                                             01342 833022
C D Grimaldi, Corporate Affairs Director


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