Company Merrill Lynch International TIDM TTP Headline EMM Disclosure Released 17:00 27 Jan 2003 Number 6820G 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 27 January 2003 Date of dealing 24 January 2003 Telephone number 020 7996 1038 Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies: 24 January 2003 P & O Princess Cruises Plc - Ordinary P & O Princess Cruises Plc - Contract for Difference Oxford Glycosciences Plc - Common Morrison (W.M) Supermarkets - Common Cambridge Antibody Tech Group - Contract for Difference Cambridge Antibody Tech Group - Common 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 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 P & O Princess Cruises Plc Class of security Ordinary Date of disclosure 27 January 2003 Date of dealing 24 January 2003 Name of EMM Merrill Lynch International Name of offeree/offeror with whom connected Carnival Corp Number of securities purchased 414,538 Highest price paid* GBP 4.22 Lowest price paid* GBP 4.11 Number of securities sold 138,177 Highest price paid* GBP 4.22 Lowest price paid* GBP 4.11 *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 P & O Princess Cruises Plc Class of security Contract for Difference Date of disclosure 27 January 2003 Date of dealing 24 January 2003 Name of EMM Merrill Lynch International Name of offeree/offeror with whom connected Carnival Corp Expiry Date 21 October 2003 Buy to Close Number of securities purchased Nil Highest Price Paid* n/a Lowest Price Paid* n/a Number of securities sold 265,000 Highest price paid* GBP 4.15 Lowest price paid* GBP 4.15 *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 Morrison (W.M) Supermarkets Class of security Common Date of disclosure 27 January 2003 Date of dealing 24 January 2003 Name of EMM Merrill Lynch International Name of offeree/offeror with whom connected Newco to be controlled by Philip Green's family Number of securities purchased 736,671 Highest price paid* GBP 1.80 Lowest price paid* GBP 1.71 Number of securities sold 732,923 Highest price paid* GBP 1.82 Lowest price paid* GBP 1.71 *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 Oxford Glycosciences Plc Class of security Common Date of disclosure 27 January 2003 Date of dealing 24 January 2003 Name of EMM Merrill Lynch International Name of offeree/offeror with whom connected Cambridge Antibody Tech Group Number of securities purchased 57,040 Highest price paid* GBP 1.86 Lowest price paid* GBP 1.83 Number of securities sold Nil Highest price paid* n/a Lowest Price Paid* n/a *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 Cambridge Antibody Tech Group Class of security Contract for Difference Date of disclosure 27 January 2003 Date of dealing 24 January 2003 Name of EMM Merrill Lynch International Name of offeree/offeror with whom connected Cambridge Antibody Tech Group Expiry Date 21 October 2003 Sell to Close Number of securities purchased 50,000 Highest price paid* GBP 5.00 Lowest price paid* GBP 5.00 Number of securities sold Nil Highest price paid* n/a Lowest Price Paid* n/a *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 Cambridge Antibody Tech Group Class of security Contract for Difference Date of disclosure 27 January 2003 Date of dealing 24 January 2003 Name of EMM Merrill Lynch International Name of offeree/offeror with whom connected Cambridge Antibody Tech Group Expiry Date 21 October 2003 Buy to Close Number of securities purchased Nil Highest Price Paid* n/a Lowest Price Paid* n/a Number of securities sold 50,000 Highest price paid* GBP 5.00 Lowest price paid* GBP 5.00 *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 Cambridge Antibody Tech Group Class of security Common Date of disclosure 27 January 2003 Date of dealing 24 January 2003 Name of EMM Merrill Lynch International Name of offeree/offeror with whom connected Cambridge Antibody Tech Group Number of securities purchased Nil Highest price paid* n/a Lowest price paid* n/a Number of securities sold 1,000 Highest price paid* GBP 5.08 Lowest price paid* GBP 5.08 *Currency must be stated END