RNS Number:7226X
Charles Stanley & Co. Ltd.
31 January 2006


                                                                      FORM SAR 3

                           DISCLOSURE OF ACQUISITIONS
       (Rule 3 of The Rules Governing Substantial Acquisitions of Shares)

Name of acquirer                                        Mr & Mrs Mark H. Dixon
Beneficial owner, if different from above               n/a
Names of any other persons acting by agreement or       n/a
understanding (see SAR 5)
Company dealt in                                        VTR plc
Class of voting shares (eg ordinary shares)             Ordinary shares
Date of acquisition                                     16th January 2006



Number of shares acquired                               10,000
Number of rights over shares acquired #                 n/a
Nature of rights over shares                            n/a


Total holding of voting shares (and percentage of total
voting shares in issue)                                 1,882,500
                                                        (17.05%)
Total holding of rights over shares (and percentage of  --
total voting shares in issue)

Combined total holding (and percentage) of voting
shares and rights over shares                           1,882,500
                                                        (17.05%)


Subsequent to the above acquisition of shares, Mr & Mrs Dixon have acquired
further shares in VTR plc, resulting in a holding as at 31st January 2006 of 
1,952,800 ordinary shares (17.69%).

Date of disclosure                                      31st January 2006
Contact name                                            Robert Howard, 
                                                        Charles Stanley & Co Ltd
Telephone number                                        020 7953 2154



# 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 their
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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