RNS Number:0699I
UBS Warburg(EMM)
27 February 2003


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                  UBS WARBURG
                             ....................................................................................
Date of disclosure           27 February 2003
                             ....................................................................................
Contact Name                 Michael Hodnett
                             ....................................................................................
Telephone number             020-7568 5846
                             ....................................................................................
Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies:
Azlan Group 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: 020-7638 0129.








                                                                                                 FORM 38.5

                                     CONNECTED EXEMPT MARKET-MAKERS:

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


Dealing in                 AZLAN GROUP Plc                                  (name of company)

                           ...........................................
Class of Security          ORD USD0.50

                           ...............................................................
Date of disclosure         27-Feb-03

                           ...............................................................
Date of dealing            26-Feb-03

                           ...............................................................
Name of EMM                UBS WARBURG

                           ...............................................................
Name of offeree / offeror with whom connected               AZLAN GROUP PLC

                                                            ....................................
Total Number of securities bought           7,000

                                            ........................
Highest price paid*                         122 GBP

                                            ........................
Lowest price paid*                          122 GBP

                                            ........................
Total number of securities sold             0

                                            ........................
Highest price received*                     0 GBP

                                            ........................
Lowest price received*                      0 GBP






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