RNS Number:1284K
Galen Holdings PLC
16 April 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     GALEN HOLDINGS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     ALLEN MCCLAY

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     CATALYST CAPITAL PARTNERS 

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     NOT DISCLOSED

5)   Number of shares/amount of stock acquired.

     200,000

6)   ( 0.11 %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES

10)  Date of transaction

     15 APRIL 2003

11)  Date company informed

     16 APRIL 2003

12)  Total holding following this notification

     NOT DISCLOSED
               
13)  Total percentage holding of issued class following this notification

     NOT DISCLOSED

14)  Any additional information



15)  Name of contact and telephone number for queries



16)  Name and signature of authorised company official responsible for 
     making this notification

     GEOFFREY ELLIOT     

     Date of Notification ....16 APRIL, 2003.......


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