RNS Number:1374U
Alexon Group PLC
12 January 2004


For immediate release

                                Alexon Group plc
                           Purchase of own securities

On the 12 January 2004, Alexon Group plc acquired from Hoare Govett's affiliate,
ABN AMRO Equities (UK) Limited, 500,000 of its ordinary shares for cancellation
at an average price of 300 pence per ordinary share.

Contacts

Robin Piggott      Alexon Group plc                      01582 723 131
Oliver Goad        ABN AMRO Equities (UK) Ltd            020 7678 8000

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