RNS No 4649f
ABN AMRO EQUITIES (UK) LIMITED
19 May 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 ABN AMRO EQUITIES (UK) LIMITED
.................................................................

 Date of disclosure 19th MAY 1999

Contact name GENINE MCGAVIN...................


Telephone number 0171 374 1091


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

ACORN GROUP PLC
AIRTOURS PLC
CABLE&WIRELESS COMMUNICATIONS
HILLSDOWN HOLDINGS 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 ACORN GROUP PLC(name of company)

Class of security ORD 10p

Date of disclosure 19TH  MAY 1999
............................................

Date of dealing 18TH  MAY 1999
...............................................

Name of EMM ABN AMRO EQUITIES (UK) LIMITED
................................................................

Name of offeree/offeror with whom connected ACORN GROUP PLC
.................................



Total number of securities purchased   375000

highest price received*         GBP 2.46

Lowest price paid*               GBP 2.46



Total number of securities sold  362500

Highest price received      GBP 2.49

Lowest price received*      GBP 2.46


*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 AIRTOURS PLC(name of company)

Class of security ..ORD 10p

Date of disclosure 19TH  MAY 1999
............................................

Date of dealing 18TH  MAY 1999
...............................................

Name of EMM ABN AMRO EQUITIES (UK) LIMITED
................................................................

Name of offeree/offeror with whom connected AIRTOURS PLC
.................................



Total number of securities purchased   510500

highest price received*      GBP 5.0975

Lowest price paid*             GBP 5.080


Total number of securities sold  425000

Highest price received*        GBP 5.10

Lowest price received*         GBP 5.10


*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 CABLE&WIRELESS COMMUNICATIONS(name of company)

Class of security ..ORD 50p

Date of disclosure 19TH  MAY 1999

............................................

Date of dealing 18TH  MAY 1999
...............................................

Name of EMM ABN AMRO EQUITIES (UK) LIMITED
................................................................

Name of offeree/offeror with whom connected CABLE&WIRELESS COMMUNICATIONS
.................................



Total number of securities purchased  100000

highest price received*            GBP 6.435

Lowest price paid*                GBP 6.425


Total number of securities sold  100000

Highest price received*       GBP 6.43

Lowest price received*         GBP 6.43


*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 HILLSDOWN HOLDINGS PLC(name of company)

Class of security ..ORD 20p

Date of disclosure 19TH  MAY 1999

............................................

Date of dealing 18TH  MAY 1999
...............................................

Name of EMM ABN AMRO EQUITIES (UK) LIMITED
................................................................

Name of offeree/offeror with whom connected HILLSDOWN HOLDINGS PLC
.................................


Total number of securities purchased

highest price received*

Lowest price paid*


Total number of securities sold  100000

Highest price received*       GBP 1.30

Lowest price received*         GBP 1.30



*Currency must be stated


END

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