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ZENECA GROUP PLC RIGHTS ISSUE COMPLETED

 LONDON, June 22, /PRNewswire/ -- The Board of Zeneca announces that valid acceptances have been received in respect of 193,854,743 Zeneca Rights shares, representing 86.15 percent of the total number of Zeneca Rights shares offered under the 5 for 16 rights issue announced on May 12, 1993 (the "Rights Issue").
 Subscribers have been procured at a premium over the Rights Issue price of 600 pence per Zeneca Rights share for those Zeneca Rights shares for which valid acceptances have not been received. The net proceeds, representing 10.776 pence per share (after deduction of the Rights Issue price and the expenses of procuring subscribers), will be remitted, in accordance with the terms of the Rights Issue, pro rata to the provisional allottees who have not taken up their rights except that, in accordance with normal practice, individual amounts of less than 3.00 pounds will not be so remitted but will be retained for the benefit of Zeneca.
 It is expected that definitive share certificates will be despatched by August 12, 1993.
 NOTE TO EDITORS:
 ZENECA'S CHAIRMAN SIR DENYS HENDERSON
 "DELIGHTED WITH INTEREST IN 1.31 BILLION POUND RIGHTS ISSUE"
 Commenting on the successful 1.31 billion pound Zeneca rights issue, Sir Denys Henderson, company Chairman said, "I am delighted with the level of interest which the rights issue has stimulated and pleased with the smooth way in which Zeneca has raised 1.31 billion pounds -- by any yard stick this has been a massive exercise and a notable success. We have demerged Zeneca from ICI in less than a year. Now, with the rights issue successfully away, the two new companies can begin their independent lives with sound capital structures."
 -0- 6/22/93
 /CONTACT: Media, Pat Preston, 302-886-8601, or Investor Relations, Edward C. Seage, 212-644-9274, for Zeneca/


CO: Zeneca Group PLC ST: IN: SU:

LG -- NY019 -- 4458 06/22/93 09:57 EDT
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Publication:PR Newswire
Date:Jun 22, 1993
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