RNS Number:1355I
Deutsche Bank AG London
28 February 2003

                                 EMM DISCLOSURE

                                                             FORM 38.5 (SUMMARY)

Lodge with a RIS and the Takeover 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 Deutsche Bank AG London




Date of disclosure 28/02/03




Contact name Kelly-Jade Ledwich




Telephone number 0207 545 7804




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

Thistle Hotels plc

Pizza Express Plc

Amey plc

Waste Recycling Group



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 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.
Email: monitoring@disclosure.org.uk

                                                                       FORM 38.5

CONNECTED EXEMPT MARKET-MAKERS:

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

Dealing in (name of company) Thistle Hotels Plc




Class of security Ordinary




Date of disclosure 28/02/03




Date of dealing 27/02/03




Name of EMM Deutsche Bank AG London




Name of offeree/offeror with whom connected Thistle Hotels Plc




Total number of securities purchased 20,000




Highest price paid* #1.09




Lowest price paid* #1.09




Total number of securities sold




Highest price received* #




Lowest price received*#




*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 (name of company) Pizza Express Plc




Class of security Ordinary




Date of disclosure 28/02/03




Date of dealing 27/02/03




Name of EMM Deutsche Bank AG London




Name of offeree/offeror with whom connected Pizza Express Plc




Total number of securities purchased 180,455




Highest price paid* #3.82286




Lowest price paid* #3.6336




Total number of securities sold




Highest price received* #




Lowest price received* #




*Currency must be stated





                        CONNECTED EXEMPT MARKET-MAKERS:

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





Dealing in (name of company) Pizza Express plc



Class of security CONTRACT FOR DIFFERENCE

..............................................................................
......................



Expiry 28/06/03


        ........................................................................
        .............................



Client          Bought to Open

...............................................................................
....................



Date of disclosure 28/02/03

..............................................................................
......................



Date of dealing 27/02/03

..............................................................................
.....................



Name of EMM Deutshe Bank AG London

..............................................................................
......................



Name of offeree/offeror with whom connected Pizza Express plc

.................................................................





Total Number of securities bought



Highest price paid* #


                ...............................................................
                ...............



Lowest price paid* #


                        ......................................................
                        ........................





Total number of securities sold 180,455

..............................................................................
......



Highest price received*      #3.82286


                        ......................................................
                        .........................



Lowest price received*      #3.6336


                        ......................................................
                        ...............................





Signed ........................................................................
date...28/01/03........................



(printed name of signatory) Kelly-Jade Ledwich



For and on behalf of Deutsche Bank AG London



Telephone and extension number 00 44 207 545 7804



  * 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 (name of company) Amey Plc




Class of security Ordinary




Date of disclosure 28/02/03




Date of dealing 27/02/03




Name of EMM Deutsche Bank AG London




Name of offeree/offeror with whom connected Amey Plc




Total number of securities purchased




Highest price paid* #




Lowest price paid* #




Total number of securities sold 456,000




Highest price received* #0.235




Lowest price received* #0.235




*Currency must be stated

                        CONNECTED EXEMPT MARKET-MAKERS:

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





Dealing in (name of company) Amey plc



Class of security CONTRACT FOR DIFFERENCE

..............................................................................
......................



Expiry 21/03/2004


        ........................................................................
        .............................



Client          Sold to close

...............................................................................
....................



Date of disclosure 28/02/03

..............................................................................
......................



Date of dealing 27/02/03

..............................................................................
.....................



Name of EMM Deutshe Bank AG London

..............................................................................
......................



Name of offeree/offeror with whom connected Amey plc

.................................................................





Total Number of securities bought 456,000



Highest price paid* # 0.235


                ...............................................................
                ...............



Lowest price paid* #0.235


                        ......................................................
                        ........................





Total number of securities sold

..............................................................................
......



Highest price received*      #


                        ......................................................
                        .........................



Lowest price received*      #


                        ......................................................
                        ...............................





Signed ........................................................................
date...28/01/03........................



(printed name of signatory) Kelly-Jade Ledwich



For and on behalf of Deutsche Bank AG London



Telephone and extension number 00 44 207 545 7804



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 (name of company) Waste Recycling Group




Class of security Ordinary




Date of disclosure 28/02/03




Date of dealing 27/02/03




Name of EMM Deutsche Bank AG London




Name of offeree/offeror with whom connected Waste Recycling Group




Total number of securities purchased 381,700




Highest price paid* #2.5549




Lowest price paid* #2.52




Total number of securities sold 362,500




Highest price received* #2.5586




Lowest price received* #2.5586




*Currency must be stated








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