SAR - Vega Group PLC -Amend

Schroders PLC 19 April 2001 The issuer has made the following amendment to the SAR - Vega Group plc announcement released on 18 April 2001 at 10.55 under RNS No 2176C. Section 1 - Number of shares/rights over shares acquired should read '280,000' and not '191,000' as previously shown. Section 2 - Resultant total holding of voting shares (and % of total voting shares in issue) should read '2,989,315 Shares..(16.156%)' and not '2,879,911 Shares..(15.564%) as previously shown. All other details remain unchanged. The full corrected version is shown below. FORM SAR 3 Date of disclosure..19/04/01...... DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs') Date of acquisition.....17/04/01........................................ Acquisition in..........VEGA GROUP 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 .5p ORDINARY SHARES ....280,000.....shares ..................... (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) 2,989,315 SHARES..(16.156%) ...............( %) (16.156%) (3) Party making disclosure........SCHRODERS PLC................ (4) (a) Name of person acquiring shares or rights over shares ............ and, if different, beneficial owner..SCHRODERS PLC ON BEHALF OF INSTITUTIONAL CLIENTS ON A 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 (COMPLIANCE REPORTING ASSISTANT) 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 7382 9026.

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