RNS Number:7888K
CSFB Equities Ltd
07 May 2003

Announcement Body Information:

                                                           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 CITY CODE ON TAKEOVERS AND MERGERS




Name of EMM ............CSFB EQUITIES LTD............................

Date of disclosure .....7 May 2003 ............................

Contact name ...........CAROL BAKKER.................................

Telephone number .......0207 888-3652................................


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



........Bespak Plc - ORDS ........................................



........Chubb Plc - ORDS ........................................



........Holmes Place Plc - ORDS ......................................



........PowderJect Pharmaceuticals Plc - ORDS .......................



........Safeway Plc - ORDS ........................................



........Safeway Plc - CFDS ........................................








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 disclosure requirements see Rules 8 and 38 of the Code.  If
in doubt contact the Monitoring Section of the Panel,
Tel. No: 0207 638 01213







FORM 38.5


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


Dealing in ..........Bespak Plc..................

Class of security....ORDS........................................

Date of disclosure ..7 May 2003.............................

Date of dealing .....6 May 2003.............................

Name of EMM .........CSFB EQUITIES LTD...........................

Name of offeree/offeror with whom connected: Bespak Plc







Total number of securities purchased   ........... 0........



Highest price paid                     ............#0.000.......

Lowest price paid*                     ............#0.000............



Total number of securities sold        ........... 3,000...........


Highest price paid                   ............#3.230.....



Lowest price paid*                   ............#3.230.......





 *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 ..........Chubb Plc............................

Class of security....ORDS........................................

Date of disclosure ..7 May 2003.............................

Date of dealing .....6 May 2003.............................

Name of EMM .........CSFB EQUITIES LTD...........................

Name of offeree/offeror with whom connected: Chubb Plc







Total number of securities purchased   ........... 43,956........



Highest price paid                     ............#0.690.......

Lowest price paid*                     ............#0.690............



Total number of securities sold        ........... 0.000...........


Highest price paid                   ............#0.000.....



Lowest price paid*                   ............#0.000.......





 *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 ..........Holmes Place Plc..................

Class of security....ORDS........................................

Date of disclosure ..7 May 2003.............................

Date of dealing .....6 May 2003.............................

Name of EMM .........CSFB EQUITIES LTD...........................

Name of offeree/offeror with whom connected: Holmes Place Plc







Total number of securities purchased   ........... 0........



Highest price paid                     ............#0.000.......

Lowest price paid*                     ............#0.000............



Total number of securities sold        ........... 25,000...........


Highest price paid                   ............#0.300.....



Lowest price paid*                   ............#0.300.......





 *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 ..........PowderJect Pharmaceuticals Plc..................

Class of security....ORDS........................................

Date of disclosure ..7 May 2003.............................

Date of dealing .....6 May 2003.............................

Name of EMM .........CSFB EQUITIES LTD...........................

Name of offeree/offeror with whom connected: PowderJect Pharmaceuticals Plc







Total number of securities purchased   ........... 3,140........



Highest price paid                     ............#5.060.......

Lowest price paid*                     ............#5.060............



Total number of securities sold        ........... 0.000...........


Highest price paid                   ............#0.000.....



Lowest price paid*                   ............#0.000.......





 *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 ..........Safeway Plc ..........................

Class of security....ORDS........................................

Date of disclosure ..7 May 2003.............................

Date of dealing .....6 May 2003........................

Name of EMM .........CSFB EQUITIES LTD...........................

Name of offeree/offeror with whom connected: Kohlberg Kravis Roberts & Co LP





Total number of securities purchased   ............62,648.......



Highest price paid                     ............#2.680.........

Lowest price paid*                     ............#2.652..........





Total number of securities sold        ........... 193,102........

Highest price received*                ............#2.680........

Lowest price received*                 ............#2.650........




*Currency must be stated




                                Rule 38.5 (CFD)



            CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:

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





Dealing in Contract for Differences ("CFD") referenced to:    Safeway Plc.......
...............



Date of Disclosure.........7 May 2003.........................................
...............................



Date of Dealing............6 May 2003...........................................
..............................



Name of EMM/EPT.........CSFB Equities Ltd.......................................
.............................



Name of offeree / offeror with whom connected ... Kohlberg Kravis Roberts & Co
LP .....................



Product Type.........CFD. Long................................................
......................................



Maturity Date.........05/06/2007................................................
......................................





Writing of CFD



Number of securities to which the CFD is referenced ............50,000 Ords...
............... ...................



CFD reference price....................................................2.672...
............................................





Closing out of CFD



Number of securities to which the CFD is referenced ..................... ....
..................



CFD closing out price.........................................................
................................





Further disclosure should be made where necessary so that the nature of the
dealings can be fully understood.




                                Rule 38.5 (CFD)



            CONNECTED EXEMPT MARKET-MAKERS/EXEMPT PRINCIPAL TRADERS:

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





Dealing in Contract for Differences ("CFD") referenced to:    Safeway Plc.......
...............



Date of Disclosure.........7 May 2003.........................................
...............................



Date of Dealing............6 May 2003...........................................
..............................



Name of EMM/EPT.........CSFB Equities Ltd.......................................
.............................



Name of offeree / offeror with whom connected ... Kohlberg Kravis Roberts & Co
LP .....................



Product Type.........CFD. Long................................................
......................................



Maturity Date.........31/01/2008................................................
......................................





Writing of CFD



Number of securities to which the CFD is referenced ............55,000 Ords...
............... ...................



CFD reference price....................................................2.680...
............................................





Closing out of CFD



Number of securities to which the CFD is referenced ..................... ....
..................



CFD closing out price.........................................................
................................





Further disclosure should be made where necessary so that the nature of the
dealings can be fully understood.






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