RNS Number:3350O
LCF Rothschild Securities Limited
05 August 2003


                 DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
                  SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")


Date of acquisition      4th August 2003


Acquisition in           European Colour plc   (name of company)

(1) Class of voting         Number of shares/rights over  If rights over shares
    shares                  shares acquired               acquired, as opposed to the
    (eg ordinary shares)                                  shares themselves, specify
                                                          nature of rights

    ordinary shares         13,851,616 shares

                            n/a        rights             n/a
                                       

(2) Resultant total holding Resultant total holding of    Total percentage
of voting shares (and % of  rights over shares (and % of
total voting shares in      total voting shares in issue)
issue)

13,851,616 29.73%           n/a                           29.73%


(3)    Party making disclosure            LCF Rothschild Securities Limited

(4)   (a) Name of person acquiring shares or rights over shares    Shelby Corporation

(b)   Name of any other persons                       None
      acting by agreement or understanding (SARs)             ...........................................


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


(Also print name of signatory) Andrew Hay, Director


Telephone and extension number   020 7845 5955

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

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