RNS Number:2273J
Merrill Lynch International
26 March 2003


AMENDMENT                                             FORM 38.5 (SUMMARY)
             Lodge with Company Announcements Office and the Panel. Use a separate form for each class of
                                     securities in which dealings have been made.
                                                 CONNECTED EXEMPT MARKET-MAKERS:
                             DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Name of EMM                                               Merrill Lynch International
Date of disclosure                                        26 March 2003
Date of dealing                                           14 March 2003
Telephone number                                          020 7996 1038
Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies:
14 March 2003
   AMENDMENT
Six Continents Plc - Ordinary - Changes to the number of securities sold and purchased
AMENDMENT
state which element(s) of previous disclosure was incorrect:
In the case of option business or dealings in derivatives full details should be given on a separate sheet so
that the nature of the dealings can be fully understood. For options this should include the number of
securities under option, the exercise period (or in the case of exercise, the exercise date), the exercise price
and any option money paid or received. For derivatives this should include, at least, the number of reference
securities to which they relate (when relevant), the maturity date (or if applicable the closing out date) and
the reference price.
For full details of disclosure requirements see Rules 8 and 38 of the Code. If in doubt contact the Monitoring
Section of the Panel, Tel. No: 0171 638 0129
                                                              FORM 38.5
AMENDMENT
             Lodge with Company Announcements Office and the Panel. Use a separate form for each class of
             securities in which dealings have been made.
                                                           CONNECTED EXEMPT MARKET-MAKERS:
                                DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
             Dealing in                                               Six Continents Plc
             Class of security                                        Ordinary
             Date of disclosure                                       26 March 2003
             Date of dealing                                          14 March 2003
             Name of EMM                                              Merrill Lynch International
             Name of offeree/offeror with whom connected              Six Continents Plc
            Number of securities purchased                            529,041
             Highest price paid*                                     GBP    6.02
             Lowest price paid*                                      GBP    5.92
             Number of securities sold                                220,070
             Highest price paid*                                     GBP    6.02
             Lowest price paid*                                      GBP    5.92
             *Currency must be stated


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