RNS Number:0251O
Alphameric PLC
28 July 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY
ALPHAMERIC PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
GAM LONDON LIMITED


3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18
2


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.
STERLING MANAGED FUND                   2,080,300
US DOLLAR MANAGED FUND                    295,000
GAM INTERNATIONAL GROWTH FUND           1,474,000
GAM UK DIVERSIFIED FUND                 1,778,400
GAM EXEMPT TRUST UK OPPORTUNITIES         350,500
JRA/GAM MANAGED LIFE                    1,697,800
JRA/GAM MANAGED PENSION                 1,085,100
ST. JAMES PLACE RECOVERY UNIT TRUST     1,064,400
GAM EUROSELECT HEDGE INVESTMENTS INC      455,000


5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class


7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class


9)   Class of security
ORDINARY SHARES OF 2.5P EACH


10)  Date of transaction



11)  Date company informed
25 JULY 2003


12)  Total holding following this notification
10,280,500

               
13)  Total percentage holding of issued class following this notification
9.36%


14)  Any additional information



15)  Name of contact and telephone number for queries
LORRI WARRINGTON
01483 293971


16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification 28/7/2003


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

END

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