RNS Number:6384O
Carrousel Capital Limited
13 August 2003


                                                                      FORM SAR 3

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


Date of disclosure

13th August 2003


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


Date of acquisition

12th August 2003


Acquisition in (name of company)

Henderson Absolute Return


1. Class of voting shares (eg ordinary shares)

Ordinary


Number of shares/rights over shares acquired

            6,200,000   Shares                       Rights


If rights over shares acquired, as opposed to the shares themselves, specify
nature of rights




2. Resultant total holding of voting shares (and % of total voting shares in
issue)

                                     27,520,484                          25.50%


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

                                                                             %


Total percentage

25.50 %


3. Party making disclosure

Carrousel Capital Ltd

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

The Carrousel Fund Ltd


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

Bruno Sangle-Ferriere/Jasmine Yennek (*)


(Also print name of signatory)




Telephone and extension number

+44 207 823 7044/207 823 7070(*)


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.

Email:monitoring@disclosure.org.uk



                      This information is provided by RNS
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