RNS Number:0196M
Generics Group AG
06 June 2003

For immediate release

6 June 2003

                       The Generics Group AG ("Generics")

                       Statement re share price movement

The Board of Generics notes the recent share price movement and announces that
it is in preliminary discussions which may or may not lead to an offer being
made for Generics.

A further announcement will be made as soon as possible. In the meantime, the
Board advises shareholders to take no action.



ENQUIRIES:
The Generics Group AG                               Tel: 01223 875 200

Gordon Edge

Peter Hyde

Martin Frost

Hoare Govett Limited                                Tel: 020 7678 8000

Chris Fielding

Ranald McGregor-Smith




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