MINERVA PLC (Registered No. 2649607)

Rights Issue of up to 31,937,218 new ordinary shares of 25p each at 190p per share on the basis of 1 new ordinary share of 25p for every 3 existing ordinary shares of 25p each held. Notice is hereby given, pursuant to section 90(5) of the Companies Act 1985, to persons on the register of Members at the close of business on 2nd February 1998 as holders of ordinary shares of 25p each (“Ordinary Shares”) in Minerva plc (“Company”) who have no registered address in the United Kingdom and who have not supplied an address in the United Kingdom to the Company for the service of notices on them (“relevant shareholders”) that the documents referred to below, being copies of the documents which, in the case of document (i), was despatched to holders of Ordinary Shares on 22nd January 1998 and, in the case of document (ii), is subject to the passing or the ordinary resolution to be proposed at the Extraordinary General Meeting of the Company to be held on 9th February 1998 (“Resolution”) and will be despatched to the holders of Ordinary Shares in connection with and constituting the offer by way of rights (“Rights Issue”) of up to 31,937,218 new Ordinary Shares at 190p per share payable in cash on application on the basis of 1 new Ordinary Share for every 3 existing Ordinary Shares held at the close of business on 2nd February 1998, may subject to the passing of the Resolution be inspected or (subject as provided below) obtained on personal application by, or on behalf of, any relevant shareholders from IRG plc, Balfour House, 390-398 High Road, Ilford, Essex IG1 1NQ, during usual business hours on any weekdday (Saturdays and public holidays excepted) from 22nd January 1998, to 4th March 1998 at 3 p.m.:   (i) the circular dated 22nd January 1998, published in connection inter alia with the Rights Issue and addressed to holders of Ordingary Shares and containing notice of an Extraordinary General Meeting of the Company to be held on 9th February 1998;   (ii) the provisional allotment letters in respect of new Ordinary Shares, which may only be obtained on production of evidence of entitlement and provided that in the case of relevant shareholders to whom originals thereof were, or are, to be despatched by post on 9th February 1998, such provisional allotment letters may only be so obtained on surrender of such originals to IRG plc at the address referred to above.     By Order of the Board. R. Kleiner, Company Secretary, registered office, 25 Harley Street, London W1N 2BR. 9th February 1998.