RNS Number:5616K
Merrill Lynch International PLC
30 April 2003


                                                                                                FORM 8.1/8.3
Lodge with Company Announcements Office (which will publicise and copy to the Panel). Use separate form for each
class of securities in which dealings have been made.
                                                                          Date of disclosure:        30 April 2003
                                 DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3
                                    OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing:   29 April 2003

Dealing in         I Feel Good Holdings Plc

(1) Class of securities (eg. ordinary    Common

(2)                     Amount bought                         Amount sold          Price per unit   Currency
                                                             250000                       0.06     GBP

Total                                                      -250,000                      0.06     GBP

(3) Resultant total of the same class owned or controlled (and percentage of class) 584,281; (0.91%)

(4) Party making disclosure:                                                         Merrill Lynch International

(5) EITHER (a) Name of purchaser/vendor (Note 1)                                     Merrill Lynch International
OR (b) If dealing for discretionary client(s), name of fund management

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

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

If category (8), explain

b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more of          Yes
the class of relevant securities dealt in)

Signed, for and on behalf of the party named in (3)(a) above                                            .
(Also print name of signatory)                                                       Alasdair Coutts-Britton

Telephone and extension number                                                       +44 2 07996 3565

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.

Note 6. In the case of an average price bargain, each underlying trade should be disclosed.


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