RNS Number:9375R
Alexon Group PLC
11 November 2003


11th November 2003

Alexon Group plc (the "Company")

Alexon Group plc announces that Mr A H A Osborn, Chief Executive, has today
exercised options over, and sold, 100,000 ordinary shares in the Company
("Shares"). Options over 50,000 Shares were exercised at a price of 198.5p per
Share and options over the remaining 50,000 Shares were exercised at a price of
201.5p per Share. The 100,000 Shares arising on the exercises were subsequently
sold at 325p per Share.

Mr Osborn's beneficial interest of 900,000 Shares remains unchanged as a result
of the exercises and sale.

                                    - Ends -


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
RDSKGMMMDMGGFZM