9 December 2003

London Stock Exchange

Old Broad Street

London EC2N 1HP

Dear Sirs

The Company announces that Peter Williams, Non-executive Director, has today
purchased 1,500 Ordinary Shares in the Company at a price of 493p per share.
His shareholding in the Company is now 1,500 shares.

Yours faithfully

Nathalie Schwarz

Company Secretary



END