SAR 5 - Lorien plc

FORM SAR 5

                       DISCLOSURE OF DISPOSALS
 (Rule 5 of The Rules Governing Substantial Acquisitions of Shares)



+-------------------------------------------------------------------+
| Name of seller                         | Unicorn Asset Management |
|                                        | Ltd.                     |
|----------------------------------------+--------------------------|
| Beneficial owner, if different from    |                          |
| above                                  |                          |
|                                        |                          |
|                                        |                          |
|----------------------------------------+--------------------------|
| Names of any other persons acting by   |                          |
| agreement or understanding (see SAR 5) |                          |
|----------------------------------------+--------------------------|
| Company dealt in                       | Lorien plc               |
|----------------------------------------+--------------------------|
| Class of voting shares (eg ordinary    | 25p ordinary shares      |
| shares)                                |                          |
|----------------------------------------+--------------------------|
| Date of disposal                       | 11th August 2005         |
+-------------------------------------------------------------------+




+-------------------------------------------------------------+
| Number of shares disposed of               | 250,000        |
|--------------------------------------------+----------------|
| Number of rights over shares disposed of # | 0              |
|--------------------------------------------+----------------|
| Nature of rights over shares               | Non-beneficial |
+-------------------------------------------------------------+




+-------------------------------------------------------------------+
| Total holding of voting shares (and          | 4,590,860 (24.65%) |
| percentage of total voting shares in issue)  |                    |
|----------------------------------------------+--------------------|
| Total holding of rights over shares (and     | 0                  |
| percentage of total voting shares in issue)  |                    |
|----------------------------------------------+--------------------|
| Combined total holding (and percentage) of   | 4,590,860 (24.65%) |
| voting shares and rights over shares         |                    |
+-------------------------------------------------------------------+




+---------------------------------------+
| Date of disclosure | 12th August 2005 |
|--------------------+------------------|
| Contact name       | John McClure     |
|--------------------+------------------|
| Telephone number   | 020 7253 0889    |
+---------------------------------------+


#  See the definition of "rights over shares" in the Definitions
Section of the SARs.

For details of the SARs disclosure requirements, see SARs 3 and 5 and
their Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.




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