SAR - Jacques Vert plc

Schroders PLC 28 August 2001 FORM SAR 3 Lodge with Company Announcements Office (which will publicise and copy to the Panel). A copy must also be sent to the company the shares of which are acquired. Date of disclosure: 28/08/01 DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs') Date of acquisition 24/08/01 Acquisition in Jacques Vert plc 1) Class of voting Number of shares over If rights over shares shares (e.g. ordinary shares acquired acquired, as opposed to shares) the shares themselves, specify nature of rights 10p ordinary shares 2,990,000 shares 2) Resultant total holding Resultant total holding Total percentage of voting shares (and % of of rights over shares total voting shares in issue) (and % of total voting shares in issue) 6,502,186 shares (21.28%) (21.28%) (3) Party making disclosure Schroders plc 4)(a) Name of person acquiring Schroders plc on behalf of shares or rights over shares and, if institutional clients on a different, beneficial owner non-beneficial basis (b) Names of any other persons acting by agreement or understanding (see SAR 5) Signed, for and on behalf of the party named in (3) above (Also print name of signatory) Alison Dunn Telephone and extension number 020 7658 2959 (Direct line) ___________________________ 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, Tel. No.: 020 7638 0129

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Schroders (SDR)
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