RNS Number:1811U
Lazard & Co., Ltd
13 January 2004

                           EMM DISCLOSURE

                                                             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                    LAZARD & CO., LIMITED (PANMURE GORDON)

Date of disclosure             12TH JANUARY 2004

Contact name                   TOM FORCIER

Telephone number               0207 187 2252

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


BLICK 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 derivative
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 the disclosure requirements see Rules 8 and 38 of the Code.
If in doubt contact the Monitoring Section of the Panel, Tel. No: 020 7638 0129



                                                                       FORM 38.5

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


Dealing in                          BLICK PLC         (name of company)

Class of security                   ORD SHARES

Date of disclosure                  JANUARY 13, 2004

Date of dealing                     JANUARY 12, 2004

Name of EMM                         LAZARD & CO., LIMITED (PANMURE GORDON)

Name of offeree/offeror with whom connected     BLICK PLC


Total number of securities purchased               29000

Highest price paid*                                  300P

Lowest price paid*                                   300P


Total number of securities sold

Highest price received*

Lowest price received*


*Currency must be stated



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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