RNS Number:5693U
Williams De Broe
23 January 2004

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: Williams De Broe

Date of disclosure: 23/01/04



Contact name: Pedro Pinto

Telephone number: 020 7898 2378

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

Eurocopy Plc

AMENDMENT

If the attached Rule 38.5 disclosure is to amend a previous disclosure, please
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.: 020 76380129

FORM 38.5 CONNECTED EXEMPT MARKET-MAKERS:

DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in Eurocopy Plc

Class of security Ords

Date of disclosure: 23 January 2003

Date of dealing: : 22 January 2003

Name of EMM Williams de Broe

Name of offeree/offeror with whom connected: Eurocopy Plc

Total number of securities purchased: 3,000

Highest price paid* 42p

Lowest price paid* 42p

Total number of securities sold:

Highest price received*

Lowest price received*

*Currency must be stated


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