RNS Number:1555K
Monument Securities Limited
17 April 2003

                                  Date of Disclosure  17 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      16 APRIL 2003

Dealing in     AMEY PLC     (name of company)

1)  Class of securities (eg ordinary shares)    ORDINARY

2)  Amount bought                Amount sold             Price per unit

                                   1,500,000               31.50P
                                     100,000               32.00P
                                     500,000               32.00P


3)  Resultant total of the same class owned or controlled 
    (and percentage of class)    1,000,000     (0.40%)


4) Party making disclosure   MONUMENT SECURITIES LIMITED*


5)  EITHER (a) Name of purchaser/vendor (Note 1)  MONUMENT SECURITIES LIMITED  
    OR     (b) if dealing for discretionary client(s), name of fund 
               management organisation

6)  Reason for disclosure (Note 2)                                     
    (a) associate of (i) offeror (Note 3)                       YES/NO
                    (ii) offeree company                        YES/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 the class of relevant securities dealt in)  YES

Signed, for and on behalf of the party named in (4) above  N/A  

(Also print name of signatory)     J TOKLEY

Telephone and extension number     020 7338 5740


* IN ADDITION MONUMENT SECURITIES LIMITED ARE PARTY TO CERTAIN CFDs (SEE BELOW)

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 which 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
         relevant information can be given.

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

For full details of disclosure requirements, see Rule 8 of the Code.  If in 
doubt, contact the Panel on Takeovers and Mergers, Tel No: 020 7382 9026



Notes Regarding Disclosure - Form 8 Enclosure - Dated 16 April 2003


Monument Securities Limited is the beneficial owner of 1,000,000 Amey plc
ordinary shares 1,000,000 of these shares are held to hedge Contract for
Difference ('CFD') positions for clients.

A Long CFD is a product where the client to whom the product is sold is taking a
long economic interest in the underlying share price such that the client can
realise a gain if the price of the underlying security rises above the reference
price.

A Short CFD is a product where the client is taking a short economic interest in
the underlying share price such that the client can realise a gain if the price
of the underlying security falls below above the reference price.

A purchaser of a CFD contract will realise a gain if the price of the underlying
security goes up. A seller of a a CFD contract will realise a gain if the price
of the underlying security goes down.

The CFD contracts detailed below have the maturity dates as shown.

Amey plc
Contracts for Difference

Position   Date Executed   Monument    Underlying      Reference     Maturity
                                       Number Shares   Price         Date

Long CFD   14 April 2003   Short CFD   3,100,000       23.32P        8 May 2003  


Amey plc
Contracts for Difference Closed Out

Position   Date Executed   Monument    Underlying      Reference     Maturity
                                       Number Shares   Price         Date


Short CFD  16 April 2003   Long CFD    1,600,000       31.58P        8 May 2003
Short CFD  16 April 2003   Long CFD      500,000       32.05P        8 May 2003



     
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