Bank of Ireland Asset Mgt Ltd 01 September 2005 DISCLOSURE FORM FORM SAR 6 IRISH TAKEOVER PANEL Lodge with the Stock Exchange (which may publicise) and with the Panel. A copy must also be sent to the company the voting securities of which (or the rights over the voting securities of which) are acquired. Date of disclosure...1st September 2005 DISCLOSURE UNDER RULE 6 OF THE IRISH TAKEOVER PANEL ACT, 1997, SUBSTANTIAL ACQUISITION RULES, 2001 ("SARs") Date of Acquisition 30th August 2005 Acquisition in McInerney Holdings Ord Euro (1) Class of voting Number of voting securities/rights over voting If rights over voting securities Securities (e.g. ordinary securities acquired acquired, as opposed to the securities shares) nature of rights 100,000 ...... BIAM Ordinary shares......... Ordinary ...... ..rights Discretionary (2) Resultant total holding Resultant total holding of voting over voting of rights securities (and % securities (and % of total voting securities in of total voting securities) issue) Total percentage in issue (22%) 6,372,639 BIAM (22%) 1,032,822 Davy 7,405,461 Total (22%) (3) Party making disclosure Bank of Ireland Asset Management Limited (4) (a) Name of person acquiring securities or rights over securities ...Bank of Ireland Asset Management Limited and, if different, beneficial owner ...Bank of Ireland Nominees Ltd 6,268,823, Citibank Nominees Ltd 71,115, Nortrust Nominees Ltd 32,701 & 1,032,822 Davy Crest Nominees Ltd. These are held on behalf of a range of discretionary clients each of whom are the beneficial owner of a portion of the holding (b) Names of any other persons acting in concert (see SAR 3) Davy Stockbrokers Signed, for and on behalf of the party named in (3) above Roisin Collins (Also print name of signatory) Roisin Collins Telephone and extension number 01 637 8000 ext 8117 Note 1. Under SAR 3, the holdings of and acquisitions by persons acting in concert must be aggregated and treated as a holding of or acquisition by one person. SAR 8(b) requires persons who must aggregate holdings to disclose certain disposals. Note 2. "Stock Exchange": see definition in Rule 2.1(a) of Part A of the Takeover Rules. For full details of the SARs disclosure requirements, see Rules 4, 6 and 8(b) of the SARs. If in doubt, consult the Panel. This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange