Replacement Disclosure of Sho

TR-3 : 

The Disclosure of Short Position - Melrose PLC announcement released today under RNS No 1668X was released in error and should be disregarded.

1. Full name of person(s) holding the disclosable short position :

ELGIN CAPITAL LLP

2: Name of the issuer of the relevant securities

MELROSE PLC

3: Disclosable short position 

0.89%

4. Date that disclosable short position was reached or exceeded

20TH JUNE 2008