Company Bradshaw Asset Management Ltd
                  TIDM
                  Headline Rule 8 - Oxford Glycosciences
                  Released 07:00 22 Apr 2003
                  Number 2007K






RNS Number:2007K
Bradshaw Asset Management Ltd
17 April 2003

                                  Date of Disclosure     17/04/03

                    DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
                       OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing     14/4/03

Dealing in          OXFORD GLYCOSCIENCES PLC         (name of company)

1)  Class of securities (eg ordinary shares)       ORD

2)  Amount bought                Amount sold             Price per unit

                                 1,511,133               182.00p

3)  Resultant total of the same class owned or controlled
    (and percentage of class)        None               (0%)


4) Party making disclosure    BRADSHAW ASSET MANAGEMENT LTD


5)  EITHER (a) Name of purchaser/vendor (Note 1)  BRADSHAW ASSET MANAGEMENT
    LTD     OR     (b) if dealing for discretionary client(s), name of fund
               management organisation

6)  Reason for disclosure (Note 2)
    (a) associate of (i) offeror (Note 3)                       NO
                    (ii) offeree company                        NO

Specify which category or categories of associate (1-8 overleaf)

If category (8), explain

     (b)  Rule 8.3 (ie disclosure because of ownership or control of 1%
          or more of the class of relevant securities dealt in)    YES

Signed, for and on behalf of the party named in (4) above  N/A

(Also print name of signatory)               M. P. TIMMERMAN

Telephone and extension number               020 7647 7686


Note 1.  Specify owner, not nominee or vehicle company.  If relevant, also
         identify controller of owner, eg where an owner normally acts on
         instructions of a controller

Note 2.  Disclosure might be made for more than one reason; if so, state all
         reasons.

Note 3.  Specify which offeror if there is more than one.

Note 4.  When an arrangement exists with any offeror, with the offeree
         company or which an associate of any offeror or of the offeree
         company in relation to relevant securities, details of such
         arrangement must be disclosed, as required by Note 6 on Rule 8

Note 5.  It may be necessary, particularly when disclosing derivative
         transactions, to append a sheet to this disclosure form so that
         relevant information can be given.

Note 6.  In the case of an average price bargain, each underlying trade
         should be disclosed.

For full details of disclosure requirements, see Rule 8 of the Code.
If in doubt, contact the Panel on Takeovers and Mergers, Tel No: 020
7382 9026






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