BTP Bns Telecom

RNS Number:1154H
BTP PLC
10 March 2000

                                                                 
Not  for  release, publication or distribution  in  or  into  the
United States, Canada, Australia or Japan
                                
                                
                           Clariant AG
                                
                     Recommended Cash Offer
                                
                         by Clariant PLC
                                
                               for
                                
                             BTP plc
                                
        Commencement of Compulsory Acquisition Procedure
                                
                      Notice of De-Listing


Clariant  PLC  has  today  commenced the  compulsory  acquisition
procedure in respect of shares held by those BTP Shareholders who
have  not yet accepted the Offer pursuant to Section 429  of  the
Companies  Act  1985.   Notices to that  effect  will  be  posted
shortly.   It  is expected that the transfer of the  compulsorily
acquired shares will take place on 2 May 2000.  The Offer and the
Loan Note Alternative will remain open for acceptance until 1 May
2000.

Clariant  PLC  gave notice of its intention to  procure  the  de-
listing  of the BTP Shares in the Offer Document dated 31 January
2000, such de-listing to take effect on not less than 20 business
days'  notice.  Clariant PLC will, accordingly, procure  that  an
application  is  made to the London Stock Exchange  for  the  BTP
Shares to be de-listed with effect from 10 April 2000.

Clariant  PLC  now  owns  or has received  valid  acceptances  in
respect  of  a  total  of  168,356,356 BTP  Shares,  representing
approximately  95.1  per  cent. of BTP's  issued  ordinary  share
capital.

Definitions in the Offer Document have the same meanings in  this
announcement unless the context requires otherwise.


Press Enquiries:
Clariant                    Walter Vaterlaus    +41 61 469 6741
                            Media Relations     
                            Philipp Hammel      +41 61 469 6740
                            Investor Relations
                                                
Holborn Public Relations    David Bick          +44 207 929 5599

The  Offer is not being made, directly or indirectly, in or into,
or  by  use  of  the mails of, or by any means or instrumentality
(including, without limitation, telephonically or electronically)
of  interstate  or foreign commerce of, or any  facilities  of  a
national  securities  exchange of,  the  United  States,  Canada,
Australia or Japan and the Offer is not capable of acceptance  by
any such use, means, instrumentality or facilities or from within
the  United  States,  Canada, Australia or  Japan.   Accordingly,
copies  of  this  announcement are not being, and  must  not  be,
directly or indirectly, mailed or otherwise distributed  or  sent
in or into or from the United States, Canada, Australia or Japan.
Doing so may invalidate any purported acceptance.

The members of the Executive Committee of the Board of Management
of   Clariant   AG  accept  responsibility  for  the  information
contained in this announcement.  To the best of the knowledge and
belief of the members of the Executive Committee of the Board  of
Management of Clariant AG (who have taken all reasonable care  to
ensure that such is the case), the information contained in  this
announcement for which they are responsible is in accordance with
the  facts and does not omit anything likely to affect the import
of such information.

The  directors  of  Clariant PLC accept  responsibility  for  the
information contained in this announcement.  To the best  of  the
knowledge  and belief of the directors of Clariant PLC (who  have
taken  all reasonable care to ensure that such is the case),  the
information  contained in this announcement for  which  they  are
responsible  is in accordance with the facts and  does  not  omit
anything likely to affect the import of such information.

Wasserstein Perella & Co. Limited, which is regulated in  the  UK
by  The  Securities and Futures Authority Limited, is acting  for
Clariant  AG and Clariant PLC and no one else in connection  with
the Offer by Clariant PLC for BTP plc and will not be responsible
to  anyone  other than Clariant AG and Clariant PLC for providing
the  protections afforded to customers of Wasserstein  Perella  &
Co. Limited or for giving advice in relation to the Offer.

This  announcement, for which Clariant AG and  Clariant  PLC  are
responsible,  has  been  approved by Wasserstein  Perella  &  Co.
Limited  for the purposes of section 57 of the Financial Services
Act 1986.


END
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