Announcement








                  Company GoldmanSachs International
                  TIDMTTP
                  Headline EMM Disclosure
                  Released 11:22 6 Mar 2003
                  Number 3789I






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
      Goldman Sachs International


Date of disclosure
      06 March 2003 (late disclosure)


Contact name
      Stuart Mclerie


Telephone number
      +44 207-774-8136


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

Oxford Glycosciences plc



AMENDMENT
If the attached Rule 38.5 disclosure is to amend a previous disclosure,
pleasestate 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 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)
      Oxford Glycosciences plc


Class of security
      Contract For Differences Expiration 04 March 2013


Date of disclosure
      06 March 2003


Date of dealing
      04 March 2003


Name of EMM
      Goldman Sachs International


Name of offeree/offeror with whom connected
      Oxford Glycosciences plc


Total number of securities purchased



Highest price paid*



Lowest price paid*



Total number of securities sold
      364,259 (customer bought to open)


Highest price received*
      1.92288 GBP Sterling


Lowest price received*
      1.92288 GBP Sterling


*Currency must be stated

END