RNS Number:7778G
HSBC Bank PLC.
23 December 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 December 2004
Contact Name                                  Leon Passey
Telephone Number                              0207 991 6187


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

GWR Group plc

Cox Insurance Holdings plc

Capital Radio plc

Minerva 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                                                  GWR Group plc
Class of Security                                           Ordinary Shares
Date of Disclosure                                          23 December 2004
Date of Dealing                                             22 December 2004
Name of EMM                                                 HSBC Bank plc
Name of Offeree/Offeror with whom connected                 GWR Group plc

Total Number of securities purchased                        0
Highest price paid*                                         0
Lowest price paid*                                          0

Total number of securities sold                             5,000
Highest price received*                                     250p
Lowest price received*                                      245p

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                                                  Cox Insurance Holdings plc
Class of Security                                           Ordinary Shares
Date of Disclosure                                          23 December 2004
Date of Dealing                                             22 December 2004
Name of EMM                                                 HSBC Bank plc
Name of Offeree/Offeror with whom connected                 Cox Insurance Holdings plc

Total Number of securities purchased                        4,392
Highest price paid*                                         92p
Lowest price paid*                                          92p

Total number of securities sold                             0
Highest price received*                                     0
Lowest price received*                                      0

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                                                  Capital Radio plc
Class of Security                                           Ordinary Shares
Date of Disclosure                                          23 December 2004
Date of Dealing                                             22 December 2004
Name of EMM                                                 HSBC Bank plc
Name of Offeree/Offeror with whom connected                 GWR Group plc

Total Number of securities purchased                        12,101
Highest price paid*                                         434.50p
Lowest price paid*                                          426p

Total number of securities sold                             10,080
Highest price received*                                     434p
Lowest price received*                                      418p

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                                                  Minerva plc
Class of Security                                           Ordinary Shares
Date of Disclosure                                          23 December 2004
Date of Dealing                                             22 December 2004
Name of EMM                                                 HSBC Bank plc
Name of Offeree/Offeror with whom connected                 Minerva plc

Total Number of securities purchased                        0
Highest price paid*                                         0
Lowest price paid*                                          0

Total number of securities sold                             242
Highest price received*                                     288p
Lowest price received*                                      288p

Currency must be stated








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