RNS Number:1318I
Merrill Lynch International
28 February 2003


                                                      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                                                     Merrill Lynch International
Date of disclosure                                              28 February 2003
Date of dealing                                                 27 February 2003
Telephone number                                                020 7996 1038
Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies:
27 February 2003
P & O Princess Cruises Plc - Ordinary
Regus Plc - Ordinary
Thistle Hotels Plc - Ordinary
Six Continents Plc - Ordinary


AMENDMENT
state which element(s) of 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 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
  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
Dealing in                                                      Regus Plc
Class of security                                               Ordinary
Date of disclosure                                              28 February 2003
Date of dealing                                                 27 February 2003
Name of EMM                                                     Merrill Lynch International
Name of offeree/offeror with whom connected                     Regus Plc
Number of securities purchased                                   100,000
Highest price paid*                                             GBP    0.19
Lowest price paid*                                              GBP    0.19
Number of securities sold                                        6,000
Highest price paid*                                             GBP    0.20
Lowest price paid*                                              GBP    0.20
*Currency must be stated


                                                 FORM 38.5
  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
Dealing in                                                      P & O Princess Cruises Plc
Class of security                                               Ordinary
Date of disclosure                                              28 February 2003
Date of dealing                                                 27 February 2003
Name of EMM                                                     Merrill Lynch International
Name of offeree/offeror with whom connected                     Carnival Corp
Number of securities purchased                                   27,213
Highest price paid*                                             GBP    3.87
Lowest price paid*                                              GBP    3.75
Number of securities sold                                        37,347
Highest price paid*                                             GBP    3.90
Lowest price paid*                                              GBP    3.75
*Currency must be stated


                                                 FORM 38.5
  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
Dealing in                                                      Thistle Hotels Plc
Class of security                                               Ordinary
Date of disclosure                                              28 February 2003
Date of dealing                                                 27 February 2003
Name of EMM                                                     Merrill Lynch International
Name of offeree/offeror with whom connected                     Thistle Hotels Plc
Number of securities purchased                                   69,128
Highest price paid*                                             GBP    1.10
Lowest price paid*                                              GBP    1.08
Number of securities sold                                        3,667
Highest price paid*                                             GBP    1.11
Lowest price paid*                                              GBP    1.10
*Currency must be stated


                                                 FORM 38.5
  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
Dealing in                                                      Six Continents Plc
Class of security                                               Ordinary
Date of disclosure                                              28 February 2003
Date of dealing                                                 27 February 2003
Name of EMM                                                     Merrill Lynch International
Name of offeree/offeror with whom connected                     Six Continents Plc
Number of securities purchased                                   219,673
Highest price paid*                                             GBP    6.20
Lowest price paid*                                              GBP    6.06
Number of securities sold                                        360,192
Highest price paid*                                             GBP    6.21
Lowest price paid*                                              GBP    6.05
*Currency must be stated




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