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Eaglet Invst Trust (DDIT)

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Monday 25 March, 2002

Eaglet Invst Trust

SAR - Yorklyde PLC

Eaglet Investment Trust PLC
25 March 2002


                                                      FORM SAR 5


                                       Date of disclosure      25TH MARCH 2002

             DISCLOSURE UNDER NOTE 3 OF RULE 5 OF THE RULES GOVERNING
                   SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')

                 
Date of sale      22ND MARCH 2002

Sale of      YORKLYDE PLC                      (name of company)


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

    ORDINARY 10P SHARES       2,957,142        shares   
                                               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)

    NIL               (0%)                    (    %)  0          (    %)


(3) Party making disclosure      EAGLET INVESTMENT TRUST PLC

(4)  (a)  Name of person selling shares or rights over shares  EAGLET INVESTMENT 
                                                               TRUST PLC
          and, if different, beneficial owner............................... 

     (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)      PHIL RICE:  FOR & ON BEHALF OF SINCLAIR 
                                    HENDERSON 
                                    COMPANY SECRETARY

Telephone and extension number      01392 477653


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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