RNS Number:5668U
HSBC Bank PLC.
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                                   HSBC Bank Plc

Date of Disclosure                            23 January 2004

Contact Name                                  Sarah Mallon

Telephone Number                              0207 991 6583


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

Safeway plc

W M Morrison Supermarkets 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 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 derivative
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 the 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                                                  Safeway plc
Class of Security                                           Ordinary Shares
Date of Disclosure                                          23 January 2004
Date of Dealing                                             22 January 2004
Name of EMM                                                 HSBC Bank Plc
Name of Offeree/Offeror with whom connected                 Safeway plc

Total Number of securities purchased                        8,940
Highest price paid*                                         284.56p
Lowest price paid*                                          284.05p

Total number of securities sold                             9,725
Highest price received*                                     285.50p
Lowest price received*                                      284.50p

Currency must be stated




FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in                                                  W M Morrison Supermarkets plc
Class of Security                                           Ordinary Shares
Date of Disclosure                                          23 January 2004
Date of Dealing                                             22 January 2004
Name of EMM                                                 HSBC Bank Plc
Name of Offeree/Offeror with whom connected                 Safeway plc

Total Number of securities purchased                        345
Highest price paid*                                         227.50p
Lowest price paid*                                          226.06p

Total number of securities sold                             2,932
Highest price received*                                     229.50p
Lowest price received*                                      225.94p

 Currency must be stated






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