RNS Number:4309L
Cantor Fitzgerald Europe
22 May 2003

FORM 8.1/8.3
Lodge with a RIS or Newstrack and the Takeover Panel. Use separate form for each class of securities in which
dealings have been made.      
Date of disclosure     22/05/03................. 
DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS

 
Date of dealing           21/05/03 

Dealing in     Compco Holdings Plc................(name of company) 

(1)     Class of securities (eg ordinary shares)     ordinary shares..................................... 

                                                                                        
(2)     Amount bought     Amount sold    Price per unit 
               4,000                        3.120 
              70,000                        3.100 
              30,000                        3.100 

In addition, Cantor Fitzgerald Europe (and affiliates) have undertaken certain CFD and Spreadbet transactions (see
below).

(3)     Resultant total of the same class owned or controlled 
     (and percentage of class)     2,155,000 shares *     (5.76%)

(4) Party making disclosure      Cantor Fitzgerald Europe................................... 

(5)     EITHER     (a)     Name of purchaser/vendor (Note 1) Cantor Fitzgerald Europe........................ 
     OR     (b)     If dealing for discretionary client(s), name of fund management organisation 
     .................................................................................................................
.......... 

(6)     Reason for disclosure (Note 2) 
     (a)     associate of     (i)     offeror (Note 3)                                NO 
               (ii)     offeree company                               YES 

     Specify which category or categories of associate (1-8 overleaf)     category 6 

     If category (8), explain
................................................................................................. 
     .................................................................................................................
............ 

     (b)     Rule 8.3 (ie 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
............................................................. 

(Also print name of signatory)     Ross Tanton................... 

Telephone and extension number      020 7894 7214.............................. 
______________________________________ 
     *In addition, Cantor Fitzgerald Europe (and affiliates) are party to certain CFDs and Spreadbets ( see below) 

Note 1.     Specify owner, not nominee or vehicle company. If relevant, also identify controller of owner, eg where
an owner normally acts on instructions of a controller. 
Note 2.     Disclosure might be made for more than one reason; if so, state all reasons. 
Note 3.     Specify which offeror if there is more than one. 
Note 4.     When an arrangement exists with any offeror, with the offeree company or with an associate of any offeror
or of the offeree company in relation to relevant securities, details of such arrangement must be disclosed, as
required by Note 6 on Rule 8. 
Note 5.     It may be necessary, particularly when disclosing derivative transactions, to append a sheet to this
disclosure form so that all relevant information can be given. .-see attached 
Note 6.     In the case of an average price bargain, each underlying trade should be disclosed. 
For full details of disclosure requirements, see Rule 8 of the Code. If in doubt, contact the Panel on Takeovers and
Mergers, Monitoring Section, Tel. No: 020 7638 0129. E-mail:monitoring@disclosure.org.uk 

Date of Disclosure: May 22, 2003
Form 8 Enclosure

Cantor Fitzgerald Europe is the beneficial owner of 2,155,000 Compco Holdings PLC ordinary shares. 115,000 of these
shares are held to hedge Contract for Differences ("CFD") positions for clients and 2,040,000 of these shares are
held to hedge Spreadbet positions between Cantor Index Limited and other clients.

A Long CFD is a product where the client to whom the product is sold is taking a long economic interest in the
underlying share price such that the client can realise a gain if the price of the underlying securities rises above
the reference price.

A Spread Bet is a product where the client to whom the product is sold can realise a gain or a loss depending on
whether the price of the underlying security increases above or falls below the reference price. The client's Spread
bet position is described as his "stake". A "stake" is expressed in pounds (sterling) per "point" and a "point" is
the price in pence of the underlying shares. A client with a "stake" of #100 per point will make a gain of #100 for
every penny increase in the underlying shares and he/she has an exposure equivalent to 10,000 shares.

A purchaser of a Spread Bet or a CFD contract will realise a gain if the price of the underlying security goes up. A
seller of a Spread Bet or a CFD contract will realise a gain if the price of the underlying security goes down.

There are no written or oral agreements between Cantor Fitzgerald Europe and any clients concerning the control of
voting rights in relation to the underlying shares used to hedge the CFDs and Spreadbets.

The CFD contracts are open-ended and there is no rollover into new contracts

                                                                                                                   
      Contracts for Differences                                            Date of Disclosure:           22-May-03 
      Compco Holdings PLC                                        Cantor                                  Reference 
                                                             Fitzgerald      Underlying Number               Price 
      ProductName                            DateExecuted      Buy/Sell               Of Shares    Reference Price 
      Compco Holdings Plc, Long CFD          May 15, 2003          SELL                 115,000                298 
                                                                                        115,000                    
      Spread Bets                                                Cantor                                  Reference 
      Compco Holdings PLC                                    Fitzgerald    Stake - # per Point               Price 
      Expiry Date                           Date Executed      Buy/Sell      1 Point = 1 pence             (pence) 
      No Expiry                           January 9, 2003           BUY                   4,000             251.25 
      17-Jun-03                         February 12, 2003          SELL                      30              234.5 
      No Expiry                         February 12, 2003           BUY                   3,050             236.17 
      17-Jun-03                               May 7, 2003           BUY                     100                252 
      17-Jun-03                               May 7, 2003           BUY                     550              251.9 
      17-Jun-03                              May 14, 2003           BUY                     890              285.9 
      23-May-03                              May 15, 2003           BUY                     200              293.8 
      No Expiry                              May 15, 2003           BUY                     250             298.89 
      No Expiry                              May 16, 2003           BUY                   1,000              303.9 
      No Expiry                              May 16, 2003           BUY                     500            302.906 
      No Expiry                              May 19, 2003           BUY                     650            303.909 
      No Expiry                              May 19, 2003           BUY                     500            303.909 
      No Expiry                              May 19, 2003           BUY                   1,200            303.909 
      No Expiry                              May 20, 2003           BUY                   2,500            303.909 
      No Expiry                              May 20, 2003           BUY                   3,000            303.909 
      17-Jun-03                              May 20, 2003           BUY                   1,000              307.9 
      16-Sep-03                              May 20, 2003           BUY                      40              312.5 
      17-Jun-03                              May 21, 2003           BUY                     700              311.9 
      17-Jun-03                              May 21, 2003           BUY                     300              311.9 
                                                                                         20,400                    



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