RNS Number:9214N
Merrill Lynch International
24 July 2003


                                                      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                                           24 July 2003
Date of dealing                                              23 July 2003
Telephone number                                             020 7996 3565
Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies:
23 July 2003
Regus Plc - Ordinary
WPP Group Plc - Common
Chelsfield Plc - Common
Safeway Plc - Common
AMENDMENT
state which element(s) of 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:0207 638 0129
                                                        FORM 38.5
        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                                                  Regus Plc
       Class of security                                           Ordinary
       Date of disclosure                                          24 July 2003
       Date of dealing                                             23 July 2003
       Name of EMM                                                 Merrill Lynch International




       Name of offeree/offeror with whom connected                 Regus Plc
       Number of securities purchased                              Nil
       Highest price paid*                                         n/a
       Lowest price paid*                                          n/a
       Number of securities sold                                    201,950
       Highest price paid*                                        GBP    0.34
       Lowest price paid*                                         GBP    0.34
       *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 WPP Group Plc Ordinary
       Date of Disclosure:                                              24 July 2003
       Date of Dealing                                                  23 July 2003
       Name of EMM / EPT                                                Merrill Lynch International
       Name of offeree/offeror with whom connected                      WPP Group Plc
       Product Type                                                     SHORT CFD
        Maturity Date                                                   18 April 2004
       Writing of CFD
       Number of Ordinary to which the CFD is referenced                22,602
       CFD Reference Price Range                                      5.22      to     5.22      GBP
       Closing Out of CFD
       Number of Ordinary to which the CFD is referenced                Nil
       CFD Reference Price Range                                        n/a
             Further Disclosure should be made where necessary so that the nature of the dealings can be fully
                                                        understood








                                                        FORM 38.5
        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                                                  WPP Group Plc
       Class of security                                           Common
       Date of disclosure                                          24 July 2003
       Date of dealing                                             23 July 2003
       Name of EMM                                                 Merrill Lynch International
       Name of offeree/offeror with whom connected                 WPP Group Plc
       Number of securities purchased                               49,393
       Highest price paid*                                        GBP    5.19
       Lowest price paid*                                         GBP    5.16
       Number of securities sold                                    70,673
       Highest price paid*                                        GBP    5.22
       Lowest price paid*                                         GBP    5.16
       *Currency must be stated








                                                        FORM 38.5
        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                                                  Chelsfield Plc
       Class of security                                           Common
       Date of disclosure                                          24 July 2003
       Date of dealing                                             23 July 2003
       Name of EMM                                                 Merrill Lynch International
       Name of offeree/offeror with whom connected                 Chelsfield Plc
       Number of securities purchased                               49,665
       Highest price paid*                                        GBP    3.06
       Lowest price paid*                                         GBP    3.06
       Number of securities sold                                    101,500
       Highest price paid*                                        GBP    3.09
       Lowest price paid*                                         GBP    3.06
       *Currency must be stated








                                                        FORM 38.5
        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                                                  Safeway Plc
       Class of security                                           Common
       Date of disclosure                                          24 July 2003
       Date of dealing                                             23 July 2003
       Name of EMM                                                 Merrill Lynch International
       Name of offeree/offeror with whom connected                 Trackdean Investments Ltd
       Number of securities purchased                               51,274
       Highest price paid*                                        GBP    2.61
       Lowest price paid*                                         GBP    2.59
       Number of securities sold                                    50,387
       Highest price paid*                                        GBP    2.61
       Lowest price paid*                                         GBP    2.59
       *Currency must be stated


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