SAR - MS International.

11 Mar 2005 12:00

Cavendish Asset Management11 March 2005 FORM SAR 5 Date of disclosure 11-3-05 DISCLOSURE UNDER NOTE 3 OF RULE 5 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs") Date of sale 9 MARCH 2005 Sale of MS INTERNATIONAL (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 SHARES 400,000.........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) 3,465,000 (17.59%) - ( %) (17.59%) (3) Party making disclosure CAVENDISH ASSET MANAGEMENT (4) (a) Name of person selling shares or rights over shares .............. 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) TIMOTHY ROBERTS Telephone and extension number 0208 991 4519 Note: The resultant total percentage holding of voting shares and rights overshares is to be calculated by reference to the percentage held and in issueoutside treasury. For full details of the SARs disclosure requirements, see Rules 3 and 5 of theSARs. If in doubt, contact the Panel on Takeovers and Mergers, MonitoringSection, Tel. No: 020 7638 0129. E-mail: monitoring@disclosure.org.uk This information is provided by RNS The company news service from the London Stock Exchange