BRNT Wt B.crude Oil

RNS No 1450v
WARBURG DILLON READ
28 July 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       WARBURG DILLON READ
      
Date of disclosure        28 July 1999
      
Contact Name       Myles Baxter
      
Telephone number       0171 568 4476
      
Please see attached disclosure of dealings under Rule 38.5 in the securities
of the following companies:


BRENT INTERNATIONAL PLC

CLOSE BROS GROUP PLC

COCA COLA BEVERAGES PLC ORDINARY

DELANCY ESTATES 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       BRENT INTERNATIONAL PLC       (name of company)
      
Class of Security       ORD 10P       
      
Date of disclosure       28-Jul-99
      
Date of dealing       27-Jul-99
      
Name of EMM       WARBURG DILLON READ
      
Name of offeree / offeror with whom connected       CHEMETALL GMBH PLC
      



Total Number of securities bought       5,000

Highest price paid*       116       GBP

Lowest price paid*       116       GBP





Total number of securities sold       0

Highest price received*       0       GBP

Lowest price received       0       GBP



*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       CLOSE BROS GROUP PLC       (name of company)
      

Class of Security       ORD 25P       
      

Date of disclosure       28-Jul-99
      

Date of dealing       27-Jul-99
      

Name of EMM       WARBURG DILLON READ
      

Name of offeree / offeror with whom connected       CLOSE BROTHERS PLC
      





Total Number of securities bought       27,000

Highest price paid*       840       GBP

Lowest price paid*       833       GBP





Total number of securities sold       31,850

Highest price received*       860       GBP

Lowest price received       842       GBP



*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       COCA-COLA BEVERAGES PLC       (name of company)
      

Class of Security       ORD GBP0.50       
      

Date of disclosure       28-Jul-99
      

Date of dealing       27-Jul-99
      

Name of EMM       WARBURG DILLON READ
      

Name of offeree / offeror with whom connected       COCA-COLA BEVERAGES PLC
      





Total Number of securities bought       208,118

Highest price paid*       128       GBP

Lowest price paid*       128       GBP





Total number of securities sold       0

Highest price received*       0       GBP

Lowest price received       0       GBP


*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       DELANCEY ESTATES PLC       (name of company)
      

Class of Security       ORD 25P       
      

Date of disclosure       28-Jul-99
      

Date of dealing       27-Jul-99
      

Name of EMM       WARBURG DILLON READ
      

Name of offeree / offeror with whom connected       DELANCEY ESTATES PLC
      





Total Number of securities bought       0

Highest price paid*       0       GBP

Lowest price paid*       0       GBP





Total number of securities sold       23,000

Highest price received*       112       GBP

Lowest price received       109       GBP




*Currency must be stated


END

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