RNS Number:5233O
Channel Hotels & Properties Limited
11 August 2003

LETTER TO:  RNS

Under Rule 3 of the Rules Governing Substantial Acquisitions of shares I would
like to notify you of the following transaction concerning a recent sale of
shares in M.L. Laboratories Plc.  

Registered Owner                            Channel Hotels & Properties Ltd
No. of shares sold                          600,000
% of issued class                           0.381%
Class of Security                           Ordinary shares of 1 pence each
Date of transaction                         8th August 2003
Total holding following notification        5,720,000
Total % holding following notification      3.63%

From:   G C Barrie Melvin (Director, Channel Hotels & Properties Limited)

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

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