RNS Number:7385N
Structadene Limited
18 July 2003

                                                                      FORM SAR 3

Lodge with a RIS or Newstrack and the Takeover Panel. A copy must also be sent
to the company the shares of which are acquired.

                                          Date of disclosure...18 JULY 2003.....

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



Date of acquisition .........18 JULY 2003.......................................

Acquisition in ...............NEWPORT HOLDINGS PLC.............(name of company)


(1)   Class of voting shares         Number of shares/rights over shares  If rights over shares acquired,
        (eg ordinary shares)         acquired                             as opposed to the shares       
                                                                          themselves, specify nature of
                                                                          rights

                                     
        ORDINARY 25 PENCE SHARES...  2,086,133................. shares    ...............................

                                     ...........................rights



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



        5,820,081......... (27.7%)   ........................... (   %)   27.7%
                                    
                                                                          
(3)   Party making disclosure ... STRUCTADENE LIMITED ........................



(4)   (a)   Name of person acquiring shares or rights over shares ...STRUCTADENE
            LIMITED................

            and, if different, beneficial owner ...........................

        (b) Names of any other persons acting by

            agreement or understanding (see SAR 5) .......................


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

(Also print name of signatory) ......MICHAEL GOLDBERGER........................

Telephone and extension number ......020 7843 3788..............................

                     ______________________________________

Note.  Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.

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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