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Waddington PLC (WDJ)

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Wednesday 16 February, 2000

Waddington PLC

Compulsory Acqn. of Shares

Waddington PLC
16 February 2000

  Not for release, distribution or publication in or into
       the United States, Canada, Australia or Japan

          John Mansfield Group PLC ('Mansfield')
 compulsory acquisition of outstanding ordinary shares in
               Waddington PLC ('Waddington')

Mansfield is today implementing the compulsory acquisition
procedure  under  sections 428-430F of the  Companies  Act
1985, as amended (the 'Act'), to acquire compulsorily  all
of the outstanding Waddington ordinary shares which it has
not  already contracted to acquire or in respect of  which
it has not yet received valid acceptances.

Mansfield has today posted statutory notices, pursuant  to
Section   429(4)  of  the  Act,  to  Waddington   ordinary
shareholders who have not yet validly accepted  the  offer
made  for  the  entire issued ordinary  share  capital  of
Waddington  on  21  December  1999  (the  'Offer').    The
compulsory acquisition process is expected to be completed
on or shortly after 29 March 2000.

Until   the   Offer   is   closed,   Waddington   ordinary
shareholders who have not yet validly accepted  the  Offer
can  accept the basic terms of the Offer as set out in the
Offer  document  dated 21 December 1999 rather  than  wait
until Mansfield compulsorily acquires the shares.

The Offer will remain open until further notice.

Mansfield Group                         
Stuart Wallis, Chairman                 0207 553 1483
David Jones, Chief Executive            0207 553 1483
David Cooley, Company Secretary         0207 240 3222
HSBC (Financial adviser and broker  to  0207 336 9000
Richard Tolkien                         
Richard Probert                         

HSBC  which  is  regulated in the United  Kingdom  by  The
Securities  and  Futures  Authority  Limited,  is   acting
exclusively  for Mansfield and no-one else  in  connection
with  the Offers and the other matters referred to  herein
and  will  not  be  responsible to any person  other  than
Mansfield  for providing the protections afforded  to  its
customers  or  for  providing advice in  relation  to  the
Offers and the other matters referred to herein.


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