RNS Number:6565H
Goldman Sachs Equity Secs. (UK)
21 March 2000


                        EMM DISCLOSURE - AMENDMENT

                                                    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..........GOLDMAN SACHS EQUITY SECURITIES (UK)..........

Date of disclosure...21ST MARCH 2000 ..............................

Contact name.........JOANNA BATES/SAMANTHA WAKEFORD ...............

Telephone number.....0171 774 6148 ................................

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


            CGU PLC
                                              
            NORWICH UNION 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:


   CGU PLC OTC OPTION - LATE UNWINDING 

   NORWICH UNION PLC OTC OPTION - LATE UNWINDING 



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: 0171 638 0129



                                                          FORM 38.5

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

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

Class of security...CGU OTC AMER EX FEB 26, 01 0.00001 GBP UNWINDING OF HEDGE   
                   RELATING TO SWAP OF 25TH FEB 2000   


Date of disclosure..21ST MARCH 2000.....................................

Date of dealing.....17TH MARCH 2000.....................................

Name of EMM.........GOLDMAN SACHS EQUITY SECURITIES (U.K.)..............

Name of offeree/offeror with whom connected...CGU PLC...................


Total number of securities purchased*:    218,000

Highest price paid                        #8.45092

Lowest price paid                         #8.45092

Total number of securities sold............... - ......................

Highest price received                    #0.00

Lowest price received                     #0.00



*Option referenced to this number of underlying ordinary shares.



FORM 38.5

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

Dealing in..........NORWICH UNION PLC..................(name of company)

Class of security...NU.L OTC AMER EX FEB 26,01 0.0001 GBP UNWINDING OF HEDGE    
                   RELATING TO SWAP OF 25TH FEB 2000  

Date of disclosure..21ST MARCH 2000....................................

Date of dealing.....17TH MARCH 2000....................................
 
Name of EMM.........GOLDMAN SACHS EQUITY SECURITIES (U.K.).............

Name of offeree/offeror with whom connected......CGU PLC...............


Total number of securities purchased*:...-.............................

Highest price paid#.....0.00...........................................

Lowest price paid#......0.00...........................................

Total number of securities sold...430,000..............................

Highest price received............#4.17565.............................

Lowest price received.............#4.17565.............................



*Option referenced to this number of underlying ordinary shares.


END
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