RNS Number:2564X
3i Investments PLC
14 June 2002

                                                                      FORM SAR 5

Lodge with Company Announcements Office and the Panel.

A copy must also be sent to the company the shares of which are being sold.

Date of disclosure

14/06/02

DISCLOSURE UNDER NOTE 3 OF RULE 5 OF THE RULES GOVERNING SUBSTANTIAL
ACQUISITIONS OF SHARES ("SARs")

Date of sale

13/06/02

Sale of (name of company)

Venture Production Plc

1. Class of voting shares (eg ordinary shares)

Ord's 0.40p

Number of shares/rights over shares sold

500,000                                 Shares                     Rights

If rights over shares sold, as opposed to the shares themselves, specify nature
of rights



2. Resultant total holding of voting shares (and % of total voting shares in
issue)

16,006,730                                            14.85%

Resultant total holding of rights over shares (and % of total voting shares in
issue)
                                                     %

Total percentage

14.85%

3. Party making disclosure

3i Investments Plc

4. (a) Name of person selling shares or rights over shares

3i Group Plc (14.85%)

and, if different, beneficial owner


(b) Names of any other persons acting by agreement or understanding



Signed, for and on behalf of the party named in (3) above


(Also print name of signatory)

Simon Howard

Telephone and extension number

0207 975 3540

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section, Tel. No: 020 7638 0129.


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