GHL Gresham Hotel

RNS Number:1202U
Euro Sea Hotels BV
5 April 2002

FORM SAR 6

IRISH TAKEOVER PANEL

Lodge with the Irish Stock Exchange (Company Announcements Office) (which will
publicise) and with the Panel. A copy must also be sent to the company the
voting securities of which (or the rights over the voting securities of which)
are acquired.

Date of disclosure..04 April 2002

DISCLOSURE UNDER RULE 6 OF THE IRISH TAKEOVER PANEL

ACT, 1997 (SUBSTANTIAL ACQUISITION) RULES, 1997 ("SARs")


Date of acquisition.......04 April 2002

Acquisition in.....Gresham Hotel Group Plc.....(name of company)



(1)
Class of voting securities (e.g.        Number of voting securities/rights over If rights over voting securities
ordinary shares)                        voting securities acquired              acquired, as opposed to the securities
                                                                                themselves, specify nature of rights
Ordinary Shares                         5,369,101 securities                    N/A

                                        N/A rights


(2)
Resultant total holding of voting       Resultant total holding of rights over   Total Percentage
securities (and % of total voting       voting securities (and % of total voting
securities in issue)                    securities in issue)
N/A                                     28.25% 23,221,494                        28.25% 23,221,494





(3) Party making disclosure....Euro Sea Hotels BV

 4. (a) Name of person acquiring securities or rights over securities

........Euro Sea Hotels BV................................

and, if different, beneficial owner...

(b) Names of any other persons acting by

agreement or understanding (see SAR 3) ...



Signed, for and on behalf of the party named in (3) above..Davy Corporate
Finance

(Also print name of signatory)....Davy Corporate Finance

Telephone and extension number.....Des Carville Tel: +353 1 6796363...







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