Edinburgh Fund Managers Group plc

4th July 2002 Edinburgh Fund Managers plc ("EFM") The board of EFM is aware of recent speculation about EFM being in discussions with Hermes Pensions Management Limited ("Hermes"). The board advises shareholders that EFM is not in discussions with Hermes about a possible offer for EFM by Hermes. Press enquiries: Julian Polhill 020 7655 0500 Polhill Communications ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/07/04/20020704BIT00200/wkr0001.doc http://www.waymaker.net/bitonline/2002/07/04/20020704BIT00200/wkr0002.pdf