RNS Number:7379L
Midas Investment Management Limited
30 May 2003

Date of Disclosure 30 May 2003



DISCLOSURE UNDER RULES 8.1(a), 8.1(b) (I) and 8.3 OF THE CITY CODE ON TAKEOVERS
AND MERGER



Date of Dealing 29 May 2003



Dealing in CHESTERTON PLC



(1)   Class of security (e.g. ordinary shares) ORDINARY



(2)  Amount Bought      Amount Sold                 Price per Unit

1,000,000                  Nil                       12.8 pence



(3)   Resultant total of the same class owned or controlled

1,000,000

(and percentage of class) (1.18%)



(4)   Party making disclosure MIDAS INVESTMENT MANAGEMENT LTD



(5)   EITHER            (a)            Name of purchaser/vendor (Note 1)

(b)            If dealing for discretionary client(s), name of fund management
organisation



MANCHESTER & METROPOLITAN INVESTMENT LTD



(6)   reason for disclosure (Note 2)



(a)      associate of      (i)      offeror (Note 3)      NO

                         (ii)      offeree                  NO



Specify which category or categories of associate (1- 8 overleaf)



(b)        Rule 8.3  (i.e. disclosure because of ownership or control of 1% or
more of the class of relevant securities dealt in)



YES



Signed, for and on behalf of the party named in (4) above



Brian Stephen Sheppard

Tel:  0161 228 1709




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