Laurel Powers-Freeling acquired 1,943 shares on 17 June 2004 at a price of 354.10 pence per share registered in her own name.

This purchase represents the amount of her bonus invested in the 2004 Share Matching Plan.

-Ends-

For further information, please contact:

Magdalen Chadbourn, Head of Senior Remuneration - 020 7268 8331

Sue Sadler, Corporate Press Office - 020 7268 8642

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