FLXT Frk Ftse Tw Etf

RNS Number:0826F
Flextech PLC
4 February 2000

The issuer has made the following amendment to the "Rule 8 Disclosure"
announcement released on 21 January 2000 at 08:21 under RNS No 1628E.

Section (2) refers to the sale of 3,000 shares at #13.255 and not 130,000 shares
at #13.3000 and 3,000 shares at #13.2548 as originally shown.

The resultant total is 6,104,970 Shares (3.86%) and not 5,974,970 Shares (3.78%)
as originally shown.
    
All other details remain unchanged.

The full corrected version is shown below.



                                  Date of Disclosure......20 JANUARY 2000....

                    DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3 
                       OF THE CITY CODE OF TAKE-OVERS AND MERGERS

Date of dealing.........20 JANUARY 2000...................

Dealing in...........FLEXTECH PLC.............(name of company)

1)  Class of securities (eg ordinary shares)......ORDINARY SHARES

2)  Amount bought                Amount sold             Price per unit

     0 SHARES                      3,000 SHARES          #13.255


3)  Resultant total of the same class owned or controlled 
    (and percentage of class).......6,104,970 SHARES...............(3.86%)


4)  Party making disclosure.........THE CAPITAL GROUP COMPANIES, INC.....


5)  EITHER (a) Name of purchaser/vendor (Note 1)THE CAPITAL GROUP COMPANIES,    
                                               INC
    OR     (b) if dealing for discretionary client(s), name of fund 
               management organisation..................................


6)  Reason for disclosure (Note 2)                                     
    (a) associate of (i) offeror (Note 3)                       NO
                    (ii) offeree company                        NO

Specify which category or categories of associate (1-8 overleaf).....

If category (8), explain.............................................

     (b)  Rule 8.3 (ie disclosure because of ownership or control of 1% 
          or more of the class of relevant securities dealt in)  YES

Signed, for and on behalf of the party named in (4) above..N/A.........  

(Also print name of signatory)........Kristine M Nishiyama................

Telephone and extension number........ Contact InMo Khang (213) 452 2064
                                      


Note 1.  Specify owner, not nominee or vehicle company.  If relevant, also 
         identify controller of owner, eg where an owner normally acts on 
         instructions of a controller

Note 2.  Disclosure might be made for more than one reason; if so, state all 
         reasons.

Note 3.  Specify which offeror if there is more than one.

Note 4.  When an arrangement exists with any offeror, with the offeree company 
         or which an associate of any offeror or of the offeree company 
         in relation to relevant securities, details of such arrangement must 
         be disclosed, as required by Note 6 on Rule 8.......................
         ....................................................................
         ....................................................................
         ....................................................................
         ....................................................................

Note 5.  It may be necessary, particularly when disclosing derivative 
         transactions, to append a sheet to this disclosure form so that
         relevant information can be given.

Note 6.  In the case of an average price bargain, each underlying trade 
         should be disclosed.

For full details of disclosure requirements, see Rule 8 of the Code.  If in 
doubt, contact the Panel on Take-overs and Mergers, Tel No: 0171 382 9026



END

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