STU.L Regulatory News (STU)

19 Sep 2005 11:23

Schroders PLC19 September 2005 FORM SAR 3 DISCLOSURE OF ACQUISITIONS (Rule 3 of The Rules Governing Substantial Acquisitions of Shares) Name of acquirer Schroders plc Beneficial owner, if different from above Clients under discretionary management agreements with Schroder Investment Management Limited and its associates and subsidiaries. Names of any other persons acting by agreement n/aor understanding (see SAR 5) Company dealt in Findel plc Class of voting shares (eg ordinary shares) Ord 5p Date of acquisition 16.09.05 Number of shares acquired 78,000 Number of rights over shares acquired # n/aNature of rights over shares n/a Total holding of voting shares (and percentage 16,172,308 (19.053%)of total voting shares in issue) Total holding of rights over shares (and n/apercentage of total voting shares in issue) Combined total holding (and percentage) of 16,172,308 (19.053%)voting shares and rights over shares Date of disclosure 19.09.05 Contact name Alison Dunn Telephone number 020 7658 2962 # 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 theirNotes which can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk. This information is provided by RNS The company news service from the London Stock Exchange