RNS Number:9705R
Henderson Global Investors Ltd
12 November 2003

                                                                      FORM SAR 5

Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.

A copy must also be sent to the company the shares of which are being sold.

Date of disclosure
12-11-03

DISCLOSURE UNDER NOTE 3 OF RULE 5 OF THE RULES GOVERNING SUBSTANTIAL
ACQUISITIONS OF SHARES ("SARs")

Date of sale
11-11-03

Sale of (name of company)
BIG YELLOW GROUP

1. Class of voting shares (eg ordinary shares)
ORDINARY

Number of shares/rights over shares sold
210,000                Shares                                    Rights

If rights over shares sold, as opposed to the shares themselves, specify nature
of rights


2. Resultant total holding of voting shares (and % of total voting shares in
issue)
17,716,867                  17.85 %

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

Total percentage
17.85

3. Party making disclosure
HENDERSON GLOBAL INVESTORS LIMITED

4. (a) Name of person selling shares or rights over shares
HENDERSON GLOBAL INVESTORS LIMITED

and, if different, beneficial owner


(b) Names of any other persons acting by agreement or understanding


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


(Also print name of signatory)
Sarah Nunn

Telephone and extension number
020 7818 6750

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section, Tel. No: 020 7638 0129. E-mail: monitoring@disclosure.org.uk


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