RNS No 4473t
MERRILL LYNCH INTERNATIONAL
3 August 1999

                                                           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               August 3, 1999                               
   


Contact name               Linda Blatt                                   


Telephone number               0171 772 1040                                  
 


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

Intercapital plc
     
Celltech plc

Chiroscience Group plc


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: 0171 638 0129                                                 

                                                                     FORM 38.5
                                                


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



Dealing in                      Intercapital plc                           
(name of company)

Class of security               Ordinary                            

Date of disclosure              3/8/1999                            

Date of dealing                 2/8/1999                            

Name of EMM                     Merrill Lynch International                   
                      

Name of offeree/offeror with whom connected                            Garban
plc              





Total number of securities purchased                            1,000       
                                   
Highest price paid*                                             #0.345       
                                   
Lowest price paid*                                              #0.345       
                                   
                                   
                                   
                                   
                                   
Total number of securities sold                                 Nil       
                                   
Highest price received*                                         n/a       
                                   
Lowest price received*                                          n/a       



*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                      Celltech plc                            (name
of company)       

Class of security               Ordinary                     

Date of disclosure              3/8/1999                     

Date of dealing                 2/8/1999                     

Name of EMM                     Merrill Lynch International                   
               

Name of offeree/offeror with whom connected                           
Chiroscience Group plc       





Total number of securities purchased                            3,507       
                                   
Highest price paid*                                             #4.88       
                                   
Lowest price paid*                                              #4.88       
                                   
                                   
                                   
                                   
                                   
Total number of securities sold                                 Nil       
                                   
Highest price received*                                         n/a       
                                   
Lowest price received*                                          n/a       



*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                      Chiroscience Group plc                        
   (name of company)       

Class of security               Ordinary                                   

Date of disclosure              3/8/1999                     

Date of dealing                 2/8/1999                     

Name of EMM                     Merrill Lynch International                   
               

Name of offeree/offeror with whom connected                           
Chiroscience Group plc       





Total number of securities purchased                            4,900       
                                   
Highest price paid*                                             #2.95       
                                   
Lowest price paid*                                              #2.95       
                                   
                                   
                                   
                                   
                                   
Total number of securities sold                                 Nil       
                                   
Highest price received*                                         n/a       
                                   
Lowest price received*                                          n/a       



*Currency must be stated                                   
                                                 

END


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