RHG Real Hotel Grp

RNS Number:3042Q
Reed Health Group PLC
22 January 2002

Letter to Reed Health Group PLC

2p ORDINARY SHARES ("SHARES")

We write to advise you that we, Schroder Investment Management Limited, have an
interest in 3,743,462 shares which are held in portfolios managed by us on a
discretionary basis for clients under investment management agreements.

Included in this figure are:-

(i)  2,618,462 shares held in (a) unit trust(s) operated and managed by another
     wholly-owned subsidiary, Schroder Unit Trusts Limited (SUTL), and
     registered or to be registered in the name of Chase Nominees Limited.

(ii) 700,000 shares are registered or to be registered in the name of Imperial
     Pensions Nominees Limited.

(iii)175,000 shares are registered or to be registered in the name of Chase
     Nominees Limited.

(iv) An affiliated company, Schroder Investment Management North America Inc
     (SIMNA Inc), is managing a portfolio holding a further 250,000 shares.
     These shares are registered or to be registered in the name of Chase
     Nominees Limited.

Thus, representing some 16.643% of the total number of shares in issue, namely
22,492,179.

This notification is made to you:-

(a)  in respect of our interest as investment managers and also by virtue of
     the fact that we are the parent company of SUTL.

(b)  on behalf of SIMNA Inc and SUTL in relation to the interests they are
     treated as having respectively under the Companies Act 1985 (the Act), and

(c)  on behalf of Schroders plc., our holding company, which is treated as
     having an interest in all of the above shares under the Act by virtue of
     its ownership of SIMNA Inc and ourselves.

From Schroder Investment Management Limited

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

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