RNS Number:5030U
Deutsche Bank AG London
21 January 2004



                                 EMM DISCLOSURE

                                                             FORM 38.5 (SUMMARY)

Lodge with a RIS and the Takeover 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 Deutsche Bank AG London






Date of disclosure 21/01/04






Contact name Kelly-Jade Ledwich






Telephone number 0207 545 7804






Please see attached disclosure of dealings under Rule 38.5 in the securities
of the following companies:

New Look Group Plc




AMENDMENT

If the attached Rule 38.5 disclosure is to amend a previous disclosure, please
state which element(s) of previous disclosure was incorrect:
Amendments due to late trades



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 the disclosure requirements see Rules 8 and 38 of the Code.
If in doubt contact the Monitoring Section of the Panel, Tel. No: 020 7638 0129.
Email: monitoring@disclosure.org.uk

                                                                       FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:

DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in (name of company) New Look Group plc






Class of security Ordinary






Date of disclosure 20/01/04






Date of dealing 08/01/04






Name of EMM Deutsche Bank AG London






Name of offeree/offeror with whom connected Tom Singh






Total number of securities purchased 205,000






Highest price paid* #3.125






Lowest price paid* #3.1225






Total number of securities sold 190,000






Highest price received* #3.1185



Lowest price received* #3.1185






*Currency must be stated




                                                    Rule 38.5 (CFD)



            CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in Contract for Differences ("CFD") referenced to ......New Look Group
Plc...........................(Company)

(Class of security) ....................Ordinary....................



Date of disclosure ............20/01/04....................................

Date of dealing ...............08/01/04.....................................

Name of EMM/EPT...Deutsche Bank AG London.........

Name of offeree/offeror with whom connected ...............Tom Singh............
............................

Product Type ..................Long CFD.......................................
........................................

Maturity Date ..................Open Ended....................................
...........................







Writing of CFD



Number of Ordinary Shares to which the CFD is referenced .........250,000......
.....................



CFD reference price between................... #3.12468......... and ........
#3.1235 ...........................





Closing Out of CFD

Number of Ordinary Shares to which the CFD is referenced... .........190,000...
.........................



CFD closing out price ...... .............#3.1185..............................
........






Further disclosure should be made where necessary so that the nature of the
dealings can be fully understood.



                                                                       FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:

DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in (name of company) New Look Group plc






Class of security Ordinary






Date of disclosure 20/01/04






Date of dealing 12/01/04






Name of EMM Deutsche Bank AG London






Name of offeree/offeror with whom connected Tom Singh






Total number of securities purchased 679,000






Highest price paid* #3.13335






Lowest price paid* #3.1275






Total number of securities sold 300,000






Highest price received* #3.13



Lowest price received* #3.12615






*Currency must be stated




                                                    Rule 38.5 (CFD)



            CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:

      DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in Contract for Differences ("CFD") referenced to ......New Look Group
Plc...........................(Company)

(Class of security) ....................Ordinary....................



Date of disclosure ............20/01/04....................................

Date of dealing ...............12/01/04.....................................

Name of EMM/EPT...Deutsche Bank AG London.........

Name of offeree/offeror with whom connected ...............Tom Singh............
............................

Product Type ..................Long CFD.......................................
........................................

Maturity Date ..................Open Ended....................................
...........................







Writing of CFD



Number of Ordinary Shares to which the CFD is referenced .........469,000......
.....................



CFD reference price between................... #3.13335......... and ........
#3.129688 ...........................





Closing Out of CFD

Number of Ordinary Shares to which the CFD is referenced... .........200,000...
.........................



CFD closing out price ...... .............#3.12615..............................
........






Further disclosure should be made where necessary so that the nature of the
dealings can be fully understood.



                                                                       FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:

DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in (name of company) New Look Group plc






Class of security Ordinary






Date of disclosure 20/01/04






Date of dealing 13/01/04






Name of EMM Deutsche Bank AG London






Name of offeree/offeror with whom connected Tom Singh






Total number of securities purchased 110,000






Highest price paid* #3.187048






Lowest price paid* #3.187048






Total number of securities sold 736,827






Highest price received* #3.23485



Lowest price received* #3.12615






*Currency must be stated




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