RNS Number:7289I
Threadneedle Asset Management Ltd
17 February 2005

                                                                FORM 8.1/8.3

Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.  Use a
separate form for each class of securities in which dealings have been made.



Date of Disclosure

17/02/2005...............................................................



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



Date of dealing

16/02/2005...............................................................



Dealing in (name of company)

Woolworths Group Plc...........................



1. Class of securities (eg ordinary shares)

Ordinary...............................................................



2.

Amount                          Amount                            Price
Bought                          Sold                              Per Unit
                                3,141,000                         0.5025


3. Resultant total of the same class owned or controlled (and percentage of
class)

19,744,009                1.374%



4. Party making disclosure

Threadneedle Asset Management Ltd.................................



5. EITHER (a) Name of purchaser / vendor (Note 1)

...............................................................



OR (b) if dealing for discretionary client(s), name of fund management
organisation

Threadneedle Asset Management Ltd .................................


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

...............................................................



(Also print name of signatory)

Mark Finney.............................................



Telephone and Extension number

01793 363758..........................................


For full details of disclosure requirements, see Rule 8 of the Code. If in
doubt, contact the Panel on Takeovers and Mergers, Monitoring Section, Tel. No:
020 7638 0129. Email: monitoring@disclosure.org.uk




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END

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