RNS Number:2549U
Alexon Group PLC
14 January 2004

For immediate release

                                Alexon Group plc

                           Purchase of own securities

On the 14 January 2004, Alexon Group plc acquired from Hoare Govett's affiliate,
ABN AMRO Equities (UK) Limited, 400,000 of its ordinary shares for cancellation
at an average price of 298 pence per ordinary share.

Contacts
Robin Piggott        Alexon Group plc               01582 723 131
Oliver Goad          ABN AMRO Equities (UK) Ltd     020 7678 8000

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