RNS Number:8141N
Investec Bank (UK) Limited
22 July 2003


                           EMM DISCLOSURE

                                                    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            INVESTEC BANK (UK) LIMITED

Date of disclosure     22 JULY 2003

Contact name           TANIA McMULLIN

Telephone number       0207 597 4453

Please see attached disclosure of dealings under Rule 38.5 in the securities 
of the following companies:


ALPHAMERIC 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 derivative
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 the disclosure requirements see Rules 8 and 38 of the Code.
If in doubt contact the Monitoring Section of the Panel, Tel. No: 020 7638 0129



                                                          FORM 38.5

                   CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Dealing in             ALPHAMERIC PLC                       (name of company)

Class of security      ORDINARY SHARES

Date of disclosure     22 JULY 2003

Date of dealing        21 JULY 2003

Name of EMM            INVESTEC BANK (UK) LIMITED

Name of offeree/offeror with whom connected      ALPHAMERIC PLC


Total number of securities purchased       5,000

Highest price paid*                      57.285p

Lowest price paid*                       57.285p


Total number of securities sold           10,100

Highest price received*                      60p

Lowest price received*                     59.5p


*Currency must be stated



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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