CMG Croma Grp

RNS Number:2636K
CMG PLC
9 May 2000

                                  Date of Disclosure... 9TH MAY 2000..........

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

Date of dealing..... 08/05/00 .....................................

Dealing in.......... CMG PLC ...........................(name of company)

1)  Class of securities (eg ordinary shares).... ORD 5p..............

2)  Amount bought                Amount sold             Price per unit

    51,545                                               43.3622

3)  Resultant total of the same class owned or controlled 
    (and percentage of class).... 1,498,269 ......................(1.168%)


4)  Party making disclosure...... MORLEY FUND MANAGEMENT LIMITED .......


5)  EITHER (a) Name of purchaser/vendor (Note 1).....................
    OR     (b) if dealing for discretionary client(s), name of fund 
               management organisation..................................
                                   CERTAIN SUBSIDIARIES OF CGU PLC

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..N/A.........  

(Also print name of signatory)...... LILA LAL .........................

Telephone and extension number...... 020 7809 6271 ....................


Note 1.  Specify owner, not nominee or vehicle company.  If relevant, also 
         identify controller of owner, eg where an owner normally acts on 
         instructions of a controller

Note 2.  Disclosure might be made for more than one reason; if so, state all 
         reasons.

Note 3.  Specify which offeror if there is more than one.

Note 4.  When an arrangement exists with any offeror, with the offeree company 
         or which an associate of any offeror or of the offeree company 
         in relation to relevant securities, details of such arrangement must 
         be disclosed, as required by Note 6 on Rule 8.......................
         ....................................................................
         ....................................................................
         ....................................................................
         ....................................................................

Note 5.  It may be necessary, particularly when disclosing derivative 
         transactions, to append a sheet to this disclosure form so that
         relevant information can be given.

Note 6.  In the case of an average price bargain, each underlying trade 
         should be disclosed.

For full details of disclosure requirements, see Rule 8 of the Code.  If in 
doubt, contact the Panel on Takeovers and Mergers, Tel No: 020 7256 9386



END

DCCILFSLEVIAIII

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